Teng, who has become a member of the board, brings a wealth of experience from the financial and fintech sectors across multiple countries.
The new board members represent decentralized finance and institutional crypto alike.
Coinbase cited recent board decisions that could "irreperably impair" the Blockchain Association.
The SEC says 7 members of the Blockchain Association have financial interests in Kik in its opposition to the group's brief around the case.
Telegram’s ongoing court battle with the SEC over its $1.7 billion token offering could put pressure on Congress to move cryptocurrency regulation forward, according to the Blockchain Association.
The advocacy group has supported Telegram's appeal over a U.S. district court's decision to block the firm's token issuance – even outside the country.
The U.S. advocacy group has come out strongly on the side of Telegram in its ongoing SEC court case.
The Blockchain Association will now oversee Kik's "Defend Crypto" campaign, with the added goal of helping other startups fight legal cases.