Grant Application - Pretty Good Policy for Zcash

Hi everyone, we’ve just submitted our grant application for Pretty Good Policy for Zcash, a nonprofit that will serve as a dedicated resource to the ecosystem for public policy and advocacy: Grant Application - Pretty Good Policy for Zcash · Issue #396 · ZcashCommunityGrants/zcashcommunitygrants · GitHub

Please see below and the attached PDF for the application details and our plan and let me know if you have any questions, comments, or concerns.

ZCG_PGPZ Application_Corrected.pdf (531.5 KB)

Grant Application to Zcash Community Grants

Applicant: Pretty Good Policy for Zcash

Project: Pretty Good Policy for Zcash

Grant term: 12 months

Funding requested: $750,000

Project lead: Divij Pandya, Executive Director

  1. Executive Summary

Pretty Good Policy for Zcash (PGPZ) is an independent, community-oriented public policy and advocacy initiative dedicated exclusively to the Zcash ecosystem.

PGPZ will help policymakers, regulators, industry stakeholders, and ecosystem partners understand Zcash and advance policies that protect financial privacy, responsible innovation, and the continued development and lawful use of privacy-preserving financial infrastructure.

The Zcash ecosystem currently lacks an organization whose principal role is to represent its policy interests. Existing cryptocurrency trade associations, think tanks, and digital-rights organizations perform important work, but they serve broad constituencies. Their priorities cannot consistently account for the technical, legal, and policy issues that are particularly important to Zcash.

PGPZ will fill this policy-representation gap by:

  • Maintaining sustained relationships with federal and, where necessary, state policymakers;

  • Educating legislators, regulators, and staff about Zcash and privacy-preserving financial technology;

  • Coordinating policy input from across the Zcash ecosystem;

  • Producing public educational and policy materials;

  • Responding to relevant legislative and regulatory developments;

  • Developing technically informed legislative and regulatory proposals;

  • Building coalitions with aligned organizations;

  • Creating opportunities for Zcash developers, researchers, companies, and community representatives to engage directly with policymakers; and

  • Keeping the Zcash community informed about policy developments affecting the ecosystem.

During the first grant year, PGPZ will focus on establishing the relationships, institutional credibility, governance processes, educational resources, and advocacy infrastructure needed to achieve long-term policy influence.

The first year should be evaluated through a combination of concrete deliverables, demonstrated policymaker engagement, public recognition, repeat relationships, coalition activity, policy submissions, and progress toward favorable legislative or regulatory language.

  1. The Problem

Public policy affecting privacy-preserving financial technology is frequently developed without a sufficiently detailed understanding of how decentralized protocols, shielded transactions, viewing keys, selective disclosure, noncustodial software, custodial intermediaries, developers, and end users differ from one another.

This lack of technical understanding can produce policies that:

  • Treat software developers as though they control user funds;

  • Impose intermediary obligations on noncustodial infrastructure;

  • Conflate financial privacy with illicit activity;

  • Fail to recognize mechanisms for selective disclosure;

  • Discourage lawful development of privacy-preserving technology;

  • Create uncertainty for companies building within the Zcash ecosystem; and

  • Restrict lawful users without materially improving enforcement outcomes.

The Zcash ecosystem benefits indirectly from organizations that advocate for the broader digital assets, fintech, and digital-rights sectors. Those organizations, however, must represent broad memberships or issue areas. They ordinarily cannot devote sustained attention to the technical and policy questions that are uniquely important to Zcash.

At present, no organization is exclusively engaged in:

  • Representing the Zcash ecosystem in public-policy discussions;

  • Coordinating ecosystem-wide policy positions;

  • Educating policymakers specifically about Zcash;

  • Maintaining sustained relationships with relevant offices;

  • Mobilizing technical experts when policymakers need information;

  • Developing Zcash-specific legislative or regulatory proposals; or

  • Providing consistent policy reporting to the Zcash community.

This creates a policy representation gap at a time when decisions concerning digital asset market structure, developer liability, anti-money laundering/know your customer obligations, sanctions, taxation, privacy, and financial surveillance could materially affect the ecosystem.

  1. Mission

PGPZ is an independent, community-oriented public policy and advocacy initiative that helps policymakers, regulators, industry stakeholders, and ecosystem partners understand Zcash and advance policies that protect financial privacy, responsible innovation, and the continued development of privacy-preserving financial infrastructure.

  1. Thesis

PGPZ proposes that sustained, technically credible, nonpartisan engagement can improve policy outcomes for Zcash and privacy-preserving financial technology, which benefits the entire Zcash ecosystem.

Policymakers are more likely to develop proportionate and workable rules when they:

  • Understand how the relevant technology functions;
  • Can distinguish protocols, developers, infrastructure providers, custodians, and users;
  • Have access to credible technical and legal expertise;
  • Understand how financial privacy and lawful compliance can coexist;
  • Receive practical legislative and regulatory proposals; and
  • Have trusted relationships with responsible ecosystem representatives.

PGPZ will connect the technical knowledge of the Zcash ecosystem with the legislative and regulatory process. It will translate complex technical subjects into useful policy analysis, coordinate ecosystem participation, build relationships with decision-makers, and advocate for policies that preserve both legitimate enforcement objectives and the ability to develop and use privacy-preserving technology.

The first year will focus on building the institutional foundation necessary for sustained influence while also responding to immediate legislative and regulatory developments.

  1. Public Benefit to the Zcash Ecosystem

PGPZ will serve the Zcash ecosystem as a whole rather than any individual company, investor, or commercial interest.

Participation in PGPZ’s policy process will not depend on membership dues, financial contributions, or a pay-to-play structure. Developers, researchers, companies, users, advocates, and community organizations will be able to provide input regardless of whether they financially support the initiative.

PGPZ’s work will provide the ecosystem with:

  • Dedicated representation in relevant policy discussions;

  • Earlier awareness of legislative and regulatory risks;

  • A coordinated process for developing policy positions;

  • Public educational resources about Zcash;

  • Opportunities to engage directly with policymakers;

  • Technically informed responses to government proposals;

  • An organization capable of proposing legislative and regulatory language;

  • Greater visibility for Zcash’s privacy and selective-disclosure capabilities; and

  • A consistent source of public reporting about policy developments.

PGPZ will not advocate for the market price of ZEC, nor will it promote the private commercial interests of a single company. Its advocacy will focus on policy conditions affecting the ecosystem broadly, including the ability to research, develop, provide, and lawfully use privacy-preserving technology.

  1. Organizational Structure and Independence

PGPZ will operate as an independent nonprofit corporation with 501(c)(4) status to promote social welfare vis-a-vis financial privacy.

Accordingly, PGPZ will maintain:

  • A dedicated project budget;

  • Project accounting;

  • Public activity reporting;

  • A formal advisory process;

  • A conflict-of-interest policy;

  • A documented process for developing policy positions; and

  • Accountability to the Zcash Community Grants program under the grant agreement.

PGPZ will function similarly to an ecosystem trade association, but it will not have members or rely on dues. Participation will remain open to anyone aligned with the goals of the organization.

  1. Leadership

Divij (Div) Pandya will serve as Executive Director of PGPZ.

Div is an attorney, senior public policy executive, and entrepreneur with nearly a decade of experience in digital asset policy. He began his career at the Chamber of Digital Commerce, where he helped develop and expand the organization’s policy initiatives. He later joined FS Vector, where he co-led the digital assets practice and advised and lobbied on behalf of digital asset clients.

He currently serves as an adviser to ZODL and has experience translating technical and commercial issues into policy strategies, engaging with policymakers, coordinating advocacy efforts, and helping digital asset organizations navigate legislative and regulatory developments.

As Executive Director, Div will be responsible for:

  • Overall strategy;

  • Federal and state government engagement;

  • Legislative and regulatory analysis;

  • Direct lobbying;

  • Research and writing;

  • Coalition development;

  • Event and fly-in coordination;

  • Ecosystem consultation;

  • Advisory Council or Committee coordination;

  • Public reporting; and

  • Legal and lobbying compliance coordination.

PGPZ will initially operate as a lean organization led by the Executive Director and supervised by the Board of Directors. Contractors and professional service providers may be retained when specialized legal, accounting, design, communications, research, event, or compliance support is required.

  1. Board of Directors and Community Participation

PGPZ’s Board of Directors will consist of Zcash ecosystem participants and reputable public policy leaders who are Zcash advocates.

PGPZ has secured commitments from the following leaders who will serve on the Board of Directors:

  • Paul Brigner, Chief Policy and Regulatory Officer, ZODL, and Founder, PGPZ, who will serve as Chairman of the Board;

  • Michele Korver, Partner, a16z;

  • Daniel Spuller, EVP, Blockchain Association, and Chairman, North Carolina Blockchain + AI Initiative;

  • Julie Stitzel, Chief Policy Officer, DCG; and

  • J.W. Verret, Associate Professor at the Antonin Scalia Law School at George Mason University

The Board of Directors will be responsible for:

  • Ensuring PGPZ meets is social welfare, advocacy, and ZCG commitments;

  • Approving PGPZ’s strategy and budget;

  • Reviewing PGPZ’s annual policy priorities;

  • Advising on areas of stakeholder disagreement;

  • Participating in quarterly strategy reviews;

  • Reviewing progress against grant milestones; and

  • Providing recommendations regarding future strategy.

An Advisory Council or Committee that consists of Board Directors, ecosystem participants, and other public policy leaders could be established to provide technical and ecosystem input as needed.

Policy-Position Development removed to fit post limit; please see PDF
  1. Geographic Scope

PGPZ will initially focus on:

  • The United States Congress;

  • The White House and relevant federal departments, agencies, and commissions; and

  • State-level developments when they could materially affect the Zcash ecosystem or create broader policy precedents.

The initial federal focus will include engagement with relevant members and staff of:

  • The House Financial Services Committee;

  • The Senate Banking Committee;

  • Other committees with jurisdiction over taxation, sanctions, national security, and commerce; and

  • Relevant executive-branch and independent agencies.

PGPZ may coordinate with organizations working in other jurisdictions when international developments affect U.S. policy or the broader Zcash ecosystem, but international advocacy will not be the principal focus of the first-year grant.

  1. Initial Policy Priorities (Condensed. Please see attached PDF.)

PGPZ’s priorities will evolve in response to legislative and regulatory developments. Its initial areas of focus will include the following:

  1. Digital-asset market structure

  2. Developer and infrastructure protections

  3. Anti money laundering/illicit finance policy

  4. Sanctions

  5. Taxation

  6. Financial privacy

Priority Policy Outcomes removed to fit post limit; please see PDF
Policy Principles graphic removed to fit post limit; please see PDF
  1. First-Year Work Plan (Condensed. Please see PDF.)

  2. Policymaker and regulator engagement

  3. Educational materials

  4. Policy research and publications

  5. Legislative and regulatory engagement

  6. Events, workshops, and fly-ins

  7. Coalition building

  8. Ecosystem mobilization

  9. Community reporting

  10. Milestones and Deliverables

Startup Funding Requested: $248,750

Months 1–3: Institutional formation and initial engagement

Funding Requested: $158,750

During the first three months, PGPZ will:

  • Establish the Board of Directors and assess how to effectively support PGPZ’s mission;

  • Complete necessary lobbying, legal, tax, accounting, insurance, and compliance reviews;

  • Establish separate project accounting and operations processes via the Financial Privacy Foundation (FPF);

  • Publish an initial policy agenda and policy-position process;

  • Create foundational educational materials;

  • Develop a stakeholder and policymaker-engagement database;

  • Conduct at least 15 introductory meetings;

  • Host at least one educational briefing or workshop;

  • Continue publishing weekly public policy updates; and

  • Establish a process for ecosystem participants to submit policy concerns and technical input.

Months 4–6: Sustained advocacy and policy development

Funding Requested: $173,750

By the end of six months, PGPZ will:

  • Complete at least 15 external policy meetings;

  • Establish repeat engagement with identified priority offices or agencies;

  • Publish at least two substantive policy briefs or explainers;

  • Submit or materially contribute to at least one regulatory comment, legislative response, coalition letter, or comparable policy intervention (provided such opportunities to comment are available);

  • Host a congressional briefing, fly-in, or similarly substantive educational event;

  • Identify at least one potential congressional or regulatory champion;

  • Develop initial proposed language for a resolution, committee report, bill, amendment, guidance document, or comparable policy instrument; and

  • Publish a six-month report covering activities, results, risks, and strategic adjustments.

Months 7–9: Institutional recognition and ecosystem participation

Funding Requested: $128,750

By the end of nine months, PGPZ will:

  • Complete at least 20 external policy meetings;

  • Maintain regular communication with at least 10 priority offices or agencies;

  • Participate in coalitions, joint submissions, or coordinated advocacy efforts;

  • Host a second educational event or fly-in, where appropriate;

  • Create opportunities for Zcash developers, researchers, companies, or community representatives to educate policymakers; and

  • Conduct a formal strategy review.

Months 10–12: Evaluation and preparation for continued advocacy

By the end of the grant period, PGPZ will seek to:

  • Complete between 10 and 20 policymaker, regulator, industry, and coalition meetings;

  • Engage at least 75% of identified priority offices within the House Financial Services Committee and Senate Banking Committee;

  • Establish repeat engagement with 15 to 20 priority offices or agencies;

  • Publish four to six policy briefs, technical explainers, or substantive advocacy documents;

  • Submit or materially contribute to relevant regulatory comments, legislative submissions, coalition letters, or comparable policy interventions;

  • Host three to four educational events, including one or two fly-ins where appropriate;

  • Publish at least 12 public policy updates;

  • Identify at least one credible legislative or regulatory champion;

  • Present at least one developed package of legislative, resolution, committee-report, or regulatory language; and

  • Publish a comprehensive annual report.

The annual report will describe activities, outcomes, lessons learned, unmet objectives, policy developments, stakeholder feedback, and recommendations for a potential second year.

  1. Performance Measurement

PGPZ will evaluate its work at three levels.

  1. Outputs

Outputs are activities substantially within PGPZ’s control, including:

  • Meetings conducted;

  • Materials published;

  • Comments submitted;

  • Events hosted;

  • Coalition initiatives joined;

  • Policy updates issued;

  • Stakeholder consultations completed; and

  • Proposed language developed.

  1. Intermediate outcomes

Intermediate outcomes will indicate growing influence and credibility, including:

  • Repeat meetings with priority offices;

  • Invitations to brief policymakers or their staff;

  • Policymaker/staff participation in PGPZ or Zcash events;

  • Requests for PGPZ analysis;

  • Public citations or acknowledgments;

  • Feature Zcash representatives in educational briefings and related opportunities;

  • Requests to review proposed policy language;

  • Coalition leadership roles; and

  • Policymakers/staff proactively contacting PGPZ.

  1. Long-term policy outcomes

Long-term outcomes include:

  • Favorable legislation, amendments, resolutions, report language, rules, or guidance;

  • Recognition of viewing keys and selective disclosure;

  • Protections for noncustodial developers and infrastructure providers;

  • Proportionate treatment of privacy-preserving technology;

  • Improved legal or regulatory clarity;

  • Participation in government advisory bodies; and

  • Prevention or amendment of harmful proposals.

PGPZ will not claim sole credit for policy outcomes involving multiple organizations. Reports will distinguish between work led by PGPZ, work materially supported by PGPZ, and broader developments to which PGPZ contributed.

  1. Six Month Strategic Review removed to fit post limit; please see PDF

If the review identifies persistent underperformance, PGPZ will publish a corrective plan, revise its milestones, narrow its issue scope, or recommend discontinuation of the initiative.

  1. Nonpartisanship section removed to fit post limit; please see PDF
Legal Compliance and Safeguards removed to fit post limit; please see PDF
  1. Conflict-of-Interest Policy

PGPZ will maintain and publish a conflict-of-interest policy.

The policy will require disclosure of material financial, professional, organizational, or personal interests that could reasonably affect, or appear to affect, PGPZ’s decisions.

Material conflicts will be reported to the Board and, where relevant, ZCG. Potential responses may include:

  • Public disclosure;

  • Recusal;

  • Independent review;

  • Assignment of a matter to another adviser or contractor;

  • Declining an engagement; or

  • Refraining from taking a position.

PGPZ may collaborate with other organizations on events and split costs. PGPZ may seek funds from other grant-issuing bodies and organizations as appropriate, if required.

  1. Transparency

Since confidentiality is sometimes necessary for effective policy engagement, some of PGPZ’s substantive outputs will not be made public.

However, public outputs are expected to include:

  • Policy briefs;

  • Technical explainers;

  • Public comment letters;

  • Coalition letters, when publishable;

  • Policy agendas;

  • Educational materials;

  • Community updates;

  • Event summaries;

  • Milestone reports; and

  • The annual report.

Certain policymaker conversations may need to remain confidential to preserve trust, comply with office practices, or support legislative negotiations. PGPZ will still report aggregate meeting activity, issues discussed, and relevant outcomes without disclosing confidential communications.

Differentiation from Existing Organizations removed to fit post limit; please see PDF
Activities Not Funded by the Grant removed to fit post limit; please see PDF

Grant funds will not be used for:

  • Campaign contributions;

  • Political donations;

  • Partisan electoral activities;

  • Promotion of the market price of ZEC;

  • Advocacy for the private commercial interests of a single company;

  • Undisclosed outside projects;

  • Personal expenses unrelated to PGPZ; or

  • Activities unrelated to the Zcash ecosystem.

  1. Budget

PGPZ requests $750,000 for a 12-month grant.
Budget category
Amount
Operating costs, compensation, and professional services
$400,000
Comprehensive Back-Office Financial, Operational & Administrative Support via FPF
$125,000
Policy events and educational workshops
$25,000
Travel, conferences, and congressional fly-ins
$25,000
Government affairs software and information services
$20,000
Legal, lobbying, tax, accounting, admin accounts, and compliance support
$120,000
Research, design, website, and communications
$10,000
Contingency reserve
$25,000
Total
$750,000

  1. Operating costs and compensation — $400,000

This allocation will support staffing for strategy, direct lobbying, policymaker education, legislative and regulatory analysis, research, writing, coalition engagement, event production, ecosystem consultation, compliance coordination, public reporting, and grant administration. The allocation may also support professional services to supplement and support the Executive Director and modest compensation for the Board of Directors, who will support advocacy initiatives in addition to governance oversight.

  1. Policy events and educational workshops — $25,000

This allocation will support:

  • Congressional briefings;

  • Congressional fly-ins;

  • Educational workshops;

  • Policy roundtables;

  • Venue or room expenses;

  • Event technology;

  • Printed educational materials;

  • Food and beverage expenses where permitted;

  • Speaker or participant logistics; and

  • Other event-production costs.

  1. Conferences and travel — $25,000

This allocation will support:

  • Executive Director travel;

  • Relevant conference attendance;

  • Congressional fly-ins;

  • Limited travel support for technical or ecosystem experts;

  • Transportation;

  • Lodging; and

  • Other necessary travel expenses.

  1. Government affairs and information services — $20,000

This allocation will support subscriptions and tools used to monitor federal and state policy developments.

Services may include Politico Pro or comparable legislative, regulatory, media-monitoring, congressional-directory, hearing-tracking, and government-affairs information products.

PGPZ will select services based on price, coverage, and operational need.

  1. Comprehensive Back-Office Financial, Operational & Administrative Support via FPF – $125,000

This allocation will support professional advice and services from FPF concerning:

  • Financial management, bookkeeping & reporting;

  • Accounts payable, receivable & expense administration;

  • Payroll, contractor & HR administration;

  • Budgeting, cash flow & financial planning support;

  • Digital asset accounting & financial operations;

  • Tax, regulatory, compliance & audit coordination;

  • Corporate governance, board & records administration; and

  • Contract, vendor, insurance & operational administration.

  1. Legal and tax compliance support via Cahill Gordon and Reindel — $120,000

This allocation will support professional advice and services from Cahill Gordon and Reindel LLP concerning:

  • Organizational structure setup;

  • Organization governance setup;

  • Tax treatment;

  • Tax and regulatory filings;

  • Ethics and gift rules;

  • Event compliance;

  • Software;

  • Communications tools;

  • Office supplies;

  • Filing fees; and

  • Other compliance-related expenses.

  1. Research, design, website, and communications — $10,000

This allocation will support:

  • Graphic design;

  • Website development or maintenance;

  • Publication layout;

  • Research assistance;

  • Editing;

  • Communications support;

  • Data visualization; and

  • Production of accessible educational materials.

23.8 Contingency reserve — $25,000

The contingency reserve will cover unforeseen but necessary project expenses.

Use of the reserve will be disclosed in reports to ZCG. Material reallocation between budget categories will be reported to ZCG in accordance with the grant agreement

Sustainability and Year-Two Funding removed to fit post limit; please see PDF
  1. Key Risks and Mitigation

Risk: Legislative outcomes may take longer than one year

Mitigation: PGPZ will use measurable outputs and intermediate outcomes rather than treating enactment as the sole measure of success.

Risk: A one-person organization may face capacity constraints

Mitigation: The organization will not be operated by a single person. The Board of Directors has responsibility for continuity of operations and will ensure the organization has capable operational leadership while the Executive Director focuses on day-to-day management.

Risk: Ecosystem stakeholders may disagree

Mitigation: PGPZ will use a transparent consultation process, disclose significant disagreements, rely on published principles, and avoid claiming consensus where none exists.

Risk: PGPZ could be perceived as representing one company

Mitigation: PGPZ will maintain independent governance, open participation, separate project accounting, public reporting, and a policy against advocating for a single company’s private commercial interest.

Risk: Personal political activity could create a perceived conflict

Mitigation: Personal political activity will be separated from PGPZ, use no grant resources, and be disclosed when legally required or when a reasonable observer could perceive a conflict.

Risk: Lobbying and tax requirements may be complex

Mitigation: The budget includes dedicated professional compliance support, and compliance infrastructure will be established during the first three months.

Risk: Advocacy could be characterized as opposition to legitimate enforcement

Mitigation: PGPZ will consistently support proportionate and effective enforcement while explaining why obligations should reflect an actor’s actual role, capabilities, and control.

  1. Conclusion

Zcash faces policy issues that are not fully addressed by general digital asset advocacy.

Its privacy model, selective-disclosure capabilities, decentralized infrastructure, developer community, and ecosystem structure require dedicated policy expertise and sustained representation.

PGPZ will provide that representation while remaining independent, nonpartisan, transparent, and accountable to the Zcash community.

The first year will establish the institutional infrastructure required for long-term policy influence: trusted relationships, technically accurate educational resources, clear governance, coordinated ecosystem participation, credible public analysis, and the capacity to respond consistently to legislative and regulatory developments.

By funding PGPZ, Zcash Community Grants will give the ecosystem a dedicated public-policy capability focused on preserving financial privacy, protecting responsible innovation, and ensuring that policymakers understand Zcash before making decisions that affect its future.

PGPZ respectfully requests $750,000 for a 12-month grant.

FAQs

Will PGPZ seek funding from non-Zcash/ZCG sources?

In its first year, PGPZ does not plan to seek funding from non-Zcash/ZCG sources, but part of our strategy is to identify and apply in the first 10 months for complementary/alternative sources of funding for future years.

ZODL has incubated PGPZ and Paul Brigner, ZODL’s Chief Policy and Regulatory Officer, has played a prominent role in supporting PGPZ. How does this organization relate to ZODL’s/Paul’s efforts? How does Paul’s role as a member of the ZCG Committee change, if at all?

ZODL has generously invested in incubating PGPZ for the purpose of establishing ecosystem advocacy. The launch of PGPZ as an independent 501(c)(4) marks the beginning of a new organization structure separate from ZODL and governed by a Board of Directors with legal obligations to promote social good for the Zcash community. Paul Brigner’s role as a member of the ZCG Committee will not change; he will recuse himself from PGPZ related matters if required by ZCG’s conflict of interest policy.

What do we mean by “advocacy efforts?”

By engaging in advocacy efforts, we plan to meet with congressional offices and regulators to educate about the Zcash ecosystem, provide feedback on legislative and regulatory proposals, and work with other organizations to raise awareness. For example, PGPZ plans to hold fly-ins, which would involve bringing Zcash ecosystem stakeholders to meet with congressional offices in Washington, DC to explain their role in the ecosystem and provide feedback on public policy that promotes or inhibits their work. This may include joint fly-ins, events, and coordination with other organizations. PGPZ will also share the perspective of ecosystem organizations by submitting feedback through comment opportunities and statements (see August 21 FinCEN Customer Identification Program Comment Letter).

The primary mission is to serve as the advocacy and policy resource for the Zcash ecosystem. PGPZ will differ from existing organizations by:

  • Focusing exclusively on the Zcash ecosystem;

  • Maintaining detailed expertise concerning Zcash technology;

  • Coordinating input across Zcash stakeholders;

  • Developing Zcash-specific educational materials;

  • Proposing policy language concerning viewing keys and selective disclosure;

  • Mobilizing Zcash experts for policymaker engagement;

  • Tracking how general cryptocurrency proposals specifically affect Zcash; and

  • Representing ecosystem-wide interests.

Why are we focusing primarily on the United States in the first year?

The United States is the first jurisdiction in which PGPZ plans to engage given the dynamic and advantageous political climate while leveraging established relationships with government stakeholders in Washington, DC. The United States is developing a comprehensive regulatory landscape for digital assets, and it plays a leading role in discussions with global standards setting bodies such as the Financial Action Task Force (FATF), Organisation for Economic Cooperation and Development (OECD), International Organization of Securities Commissions (IOSCO), Bank for International Settlements (BIS) and the International Financial Reporting Standards (IFRS) Foundation, which makes it a strong starting point for engaging in ecosystem advocacy.

PGPZ plans to expand its advocacy globally to include the UK, EU, MENA, LATAM, and Asia, as ecosystem needs and advocacy opportunities arise.

6 Likes