Circle CEO calls for US Treasury for adoption of ‘1996’
Allaire is a true advocate of technology, believing that blockchain has the potential to be the most important advancement of human history. Blockchain’s impact reaches far beyond the realm of finance. In fact, every single network on the internet has the opportunity to utilise this technology to their benefit.
Calls to Adopt
CEO of peer-to-peer payments platform Circle, Jeremy Allaire sent a formal letter yesterday to Senior US Treasury staff encouraging regulators to work alongside cryptocurrency and blockchain on key-issues to drive innovation.He is also a major proponent of cryptocurrency. Circle’s USDC is the most regulated dollar stablecoin on the market and has recorded parabolic growth recently, circulation soaring over 310% in less than five months to $3 billion.
The Internet Era
The 3-page document parallels the current developments of cryptocurrency and blockchain, to the rise of the internet. “It’s 1996 all over again” Allaire nostalgically states.In the letter, he argues that the open-source protocol and global communication network of the internet have vastly contributed to the democratic technological landscape we witness today.
His point denotes that if regulators happened to stifle innovation in the early-days of the internet due to fears of privacy, lost sovereignty and illicit legal practises, then sectors like media, commerce and communication would never have revolutionised into the powerhouses they are today.
Treasury’s Plans
In a series of tweets on 25th Nov, Coinbase CEO Brian Armstrong revealed rumoured plans from the U.S. Treasury and specifically Secretary Mnuchin to heavily legislate self-hosted cryptocurrency wallets before his term ends.Allaire agrees with the sentiment of Armstrong, believing this is a blanket approach, an ignorant attempt to categorise the market as one in a bid to manage legislation, rather than embracing the idiosyncratic value of each project in the space and regulating accordingly.
“I believe the proposal would inadequately address the actual risks that are at issue, would significantly harm industry and American competitiveness, would continue to yield economic and industry advantage to Chinese firms, and would have significant unintended consequences around the broader use-cases for this technology.”
He concluded by saying:
“It is my great hope that US Treasury can ensure that any further rule-making in this area accepts that software and protocol level solutions can address these issues (KYC compliance, privacy and PII data security) and provides a meaningful safe harbor for the industry to work on these over the next 1-2 years."
100% Success Money Back Guarantee
If our approach doesn’t outperform the overall crypto market during your subscription, we’ll give you a full refund of your membership. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Take your next step towards crypto success
$799/year
Get everything you need to actively manage your portfolio and stay ahead. Ideal for investors seeking regular guidance and access to tools that help make informed decisions.
For your security, all orders are processed on a secured server.
What’s included in Pro:
Success Guarantee, if we don’t outperform the market, you get 100% back, no questions asked
24/7 access to experts with 50+ years’ experience
All of our top token picks for 2025
Our latest memecoins pick with 50X potential
On hand technical analysis on any token of your choice
Weekly livestreams & ask us anything with the team
Daily insights on Macro, Mechanics, and On-chain
Curated list of top upcoming airdrops (free money)
Our track record speaks for itself
With over 2.4M tokens and widespread misinformation in crypto, we cut
through the noise and consistently find winning assets.
Frequently Asked Questions
Can I trust Cryptonary's calls?
Yes. We've consistently identified winners across multiple cycles. Bitcoin under $1,000, Ethereum under $70, Solana under $10, WIF from $0.003 to $5, PopCat from $0.004 to $2, SPX blasting past $1.70, and our latest pick has already 200X'd since June 2025. Everything is timestamped and public record.
Do I need to be an experienced trader or investor to benefit?
No. When we founded Cryptonary in 2017 the market was new to everyone. We intentionally created content that was easy to understand and actionable. That foundational principle is the crux of Cryptonary. Taking complex ideas and opportunities and presenting them in a way a 10 year old could understand.
What makes Cryptonary different from free crypto content on YouTube or Twitter?
Signal vs noise. We filter out 99.9% of garbage projects, provide data backed analysis, and have a proven track record of finding winners. Not to mention since Cryptonary's inception in 2017 we have never taken investment, sponsorship or partnership. Compare this to pretty much everyone else, no track record, and a long list of partnerships that cloud judgements.
Why is there no trial or refund policy?
We share highly sensitive, time-critical research. Once it's out, it can't be "returned." That's why membership is annual only. Crypto success takes time and commitment. If someone is not willing to invest 12 months into their future, there is no place for them at Cryptonary.
Do I get direct access to the Cryptonary team?
Yes. You will have 24/7 to the team that bought you BTC at $1,000, ETH at $70, and SOL at $10. Through our community chats, live Q&As, and member only channels, you can ask questions and interact directly with the team. Our team has over 50 years of combined experience which you can tap into every single day.
How often is content updated?
Daily. We provide real-time updates, weekly reports, emergency alerts, and live Q&As when the markets move fast. In crypto, the market moves fast, in Cryptonary, we move faster.
How does the success guarantee work?
If our approach to the market doesn’t beat the overall crypto market during your subscription, we’ll give you a full refund of your membership fee. No questions asked. For quarterly and monthly subscribers this is applicable once your subscription runs for 6 consecutive months.
Recommended from Cryptonary
