ADAM CEO Michelle Bond Announces Bid for US Congress

Bond, who describes herself as an “America First conservative,” is running as a Republican in New York’s 1st congressional district.

AccessTimeIconJun 17, 2022 at 5:49 p.m. UTC
Updated May 11, 2023 at 4:58 p.m. UTC
10 Years of Decentralizing the Future
May 29-31, 2024 - Austin, TexasThe biggest and most established global hub for everything crypto, blockchain and Web3.Register Now

Michelle Bond, the CEO of crypto trade organization the Association for Digital Asset Markets (ADAM), is running for U.S. Congress.

A Suffolk County, N.Y., native, Bond is running for election in the Republican primary in New York’s 1st congressional district, which includes eastern Long Island. The district is currently represented by Republican Lee Zeldin, who leaft his seat to run for New York governor.

Though Bond has spent years in the crypto industry, she’s not running a crypto-centric campaign, unlike several other political candidates who have emerged from the industry, including longtime bitcoiner Bruce Fenton, who is running for the Republican nomination for New Hampshire’s seat in the U.S. Senate.

Instead, Bond – who describes herself as an “America First conservative” – says she’s more concerned about gas prices and the country’s economic growth. In a campaign announcement provided to CoinDesk, Bond describes herself as “pro-life, pro [former President Donald] Trump’s border wall … [and] she believes the police need to be defended, not defunded.”

Bond sees crypto as a part of the bigger picture of financial innovation.

“I’m obviously pro-innovation and I think [crypto’s] important for a lot of different reasons – for jobs, and opportunities and economic advancement,” Bond said. “My job in Congress will be to represent Suffolk County … I think the focus really needs to be on not just the broader topics but everything that’s affecting the day-in, day-out life of the residents of Suffolk County.”

“My experience from fintech and crypto and financial services and even my time on the Senate Banking Committee will inform my decisions but, really, my first and only loyalty is to representing my people at home,” Bond added.

If Bond wins the election, she will step down from her role as CEO at ADAM.

“I love ADAM, it’s been awesome building the association, growing it … I have every intention of staying [on as CEO] if I were not to win, but I’m going to win,” Bond said.

Prior to her role at the trade group, Bond was the head of government relations at Ripple.

Disclosure

Please note that our privacy policy, terms of use, cookies, and do not sell my personal information has been updated.

CoinDesk is an award-winning media outlet that covers the cryptocurrency industry. Its journalists abide by a strict set of editorial policies. In November 2023, CoinDesk was acquired by the Bullish group, owner of Bullish, a regulated, digital assets exchange. The Bullish group is majority-owned by Block.one; both companies have interests in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin. CoinDesk operates as an independent subsidiary with an editorial committee to protect journalistic independence. CoinDesk employees, including journalists, may receive options in the Bullish group as part of their compensation.

Cheyenne Ligon

Cheyenne Ligon is a CoinDesk news reporter with a focus on crypto regulation and policy. She has no significant crypto holdings.


Learn more about Consensus 2024, CoinDesk's longest-running and most influential event that brings together all sides of crypto, blockchain and Web3. Head to consensus.coindesk.com to register and buy your pass now.