Bitcoin investment group registers lobbyist

The world’s first investment fund that focuses solely on the virtual currency bitcoin is bringing some lobbying muscle to Washington.

Falcon Global Capital director Brett Stapper filed paperwork to lobby Congress and federal agencies, according to federal lobbying disclose forms. The company is the second to formally declare that it is lobbying on the virtual currency, after MasterCard had five lobbyists it hired focus on the cryptocurrency in April.

According to the paperwork, the San Diego-based investment fund will focus on “education and understanding of Bitcoin and other crypto-graphic based currencies.” Falcon markets itself as being able to give clients “an easy entry and exit point into the exciting and fast growing Bitcoin markets while having their investment secured in our Insured Bitcoin vault.” The company’s team sees “Bitcoin as a disruptive force in the way currency is stored, transferred, and regulated around the globe,” it adds on its website.