Why was Crypto Watchdog created?

Crypto Watchdog was created to raise awareness of risks in the cryptocurrency industry, including fraud, market manipulation and national security concerns. Crypto Watchdog said its goal is to promote transparency and accountability while supporting innovation in digital assets.

What does Crypto Watchdog want to achieve?

Crypto Watchdog plans to highlight issues affecting cryptocurrency users, including scams, insider advantages and sanctions-related risks. Crypto Watchdog said it aims to focus on protecting retail participants who may be exposed to these challenges.

How is Crypto Watchdog connected to the Digital Asset Market Clarity Act?

Crypto Watchdog launched as lawmakers continue debating the Digital Asset Market Clarity Act in the United States Senate. The proposed legislation seeks to clarify how digital assets are regulated and which agencies oversee different parts of the cryptocurrency market.

What does the GENIUS Act mean for Crypto Watchdog's mission?

The GENIUS Act established a federal regulatory framework for payment stablecoins and requires issuers to maintain 100% reserves in highly liquid assets. Crypto Watchdog launched after the law took effect, as policymakers continue expanding cryptocurrency regulation beyond stablecoins.

Image for illustrative purposes only. Not a real photo.

Crypto Watchdog launches amid US crypto debate

Q: Who is advising Crypto Watchdog?

Crypto Watchdog's advisory board includes former New York City Police Department intelligence official Mitch Silber and Nevada Republican Assembly Caucus Chief of Staff Jack St. Martin. The organisation said these advisers bring experience in public policy, law enforcement and national security matters.

Written by Isaac FrancisPublished Jun 25, 2026, 12:30 AM

Crypto Watchdog launched as a consumer advocacy group focused on cryptocurrency fraud, market manipulation and national security risks.
The organisation enters the policy debate as lawmakers consider the Digital Asset Market Clarity Act in the US Senate.
The group said it aims to support innovation while promoting transparency and protections for retail investors.

Crypto Watchdog has launched as a non-profit consumer advocacy organisation focused on risks in the cryptocurrency sector, including fraud, insider advantages and national security concerns.

The group's debut comes as US lawmakers continue discussions on the Digital Asset Market Clarity Act, with Senate debate on the legislation expected as early as July.

“Not anti-crypto” but “pro-innovation,” said Crypto Watchdog Executive Director Chapin Fay when describing the organisation's approach to digital asset oversight.

Crypto Watchdog said it plans to highlight scams, market manipulation risks and sanctions-related concerns, while its advisory board includes former New York City Police Department intelligence official Mitch Silber and Nevada Republican Assembly Caucus Chief of Staff Jack St. Martin.

The organisation enters the discussion as regulators and lawmakers continue developing cryptocurrency policy frameworks in the United States, and there was no immediate market reaction following the announcement.

The policy debate follows the implementation of the GENIUS Act in July 2025, which established federal rules for payment stablecoins and required issuers to maintain full reserve backing with highly liquid assets.

Lawmakers are now considering the Digital Asset Market Clarity Act, which seeks to define regulatory responsibilities for digital assets and clarify whether specific tokens fall under securities or commodities oversight.