London

Former President Obama's deputy chief of staff Jim Messina is playing a key advisory role for cryptocurrency based company Blockchain.com.

McGuiness has been critical of cryptocurrencies, and said digital assets were "one of the newest ways to launder money" in a tweet last year. "And as a result of his counsel, having worked with heads of state across Europe for years, we crafted, I don't want to call it a campaign but sort of an argument that we went in and met with some of the ministers and won." "It's core to our business belief that we should give people control of their assets and protect it from all other potential interference. He said their "main amendment focus" was the bill's "implementation period." "You can say that we are probably one of the most prolific companies when it comes to public policy engagement related in crypto globally, certainly in the U.S. They "offered amendments and feedback" after the bill was introduced, Kasselman said. Messina, who was Obama's deputy chief of staff, is now the CEO of the consulting firm The Messina Group. These types of digital wallets, which Blockchain.com promotes on its website, act The Biden administration [released](https://www.cnbc.com/2022/09/16/heres-whats-in-biden-framework-to-regulate-crypto.html) its framework on potential U.S. headquarters](https://www.prnewswire.com/news-releases/crypto-company-blockchaincom-moves-us-headquarters-to-miami-301304969.html) in Miami, was also among a group of crypto companies that [lobbied](https://cal-access.sos.ca.gov/PDFGen/pdfgen.prg?filingid=2700150&amendid=0) elements of the [Digital Financial Assets Law](https://www.bloomberg.com/news/articles/2022-08-31/california-crypto-oversight-bill-moves-closer-to-becoming-law), which would tighten oversight of the industry in California where many U.S.-based crypto firms are based. What is that those members of parliament are worried about and how do we address these concerns?'" Kasselman said. [ramping up lobbying ](https://www.cnbc.com/2022/05/17/crypto-industry-wields-its-influence-in-washington-after-pouring-over-30-million-into-campaigns.html)around the world with potentially strict regulations on the horizon.