David Edwards
The Blockchain Association hosted the Washington Crypto Policy Summit, where incoming U.S. President Donald Trump gave a crucial speech. During a speech intended to reaffirm the U.S. government’s support for cryptocurrencies, Trump gave attendees his word that the administration is dedicated to supporting blockchain technology in the country. He underlined the significance of maintaining “our business in the United States, rather than China or some other place,” with reference to Bitcoin.
Key lawmakers from both houses of Congress attended the summit, along with a number of prominent figures from the industry, such as officials from Andreessen Horowitz (a16z), Coinbase, ConsenSys, Grayscale, Messari, Ripple, Uniswap, IoTeX, and Filecoin. The creation of a strong regulatory framework for the bitcoin industry was the main topic of discussion.
“The next 100 days are crucial for legislation in the U.S. crypto industry,” said Larry Pang, Head of Ecosystem at IoTeX, emphasizing the importance of the legislation. Along with stablecoins, DeFi, and staking, decentralized physical infrastructure networks have been identified as a key legislative issue.
The CEO of HarrisX, Dritan Nesho, gave a noteworthy presentation that provided insights into the voting patterns of the most recent U.S. elections. Nesho claims that when voting, seven out of ten cryptocurrency investors took into account the candidates’ stance on digital assets. With 25% of voters now holding digital assets, cryptocurrency is one of the most important challenges facing the United States.
A forward-looking session called “Moving the Needle: Market Structure, Stablecoins, and SAB 121” marked the summit’s conclusion. Congressmen Mike Flood and Wiley Nickel were among the attendees, while Nilmini Rubin, Chief Policy Officer of Hedera, spoke about the future of market structures and cryptocurrency regulation.
The Blockchain Association hosted the Washington Crypto Policy Summit, where incoming U.S. President Donald Trump gave a crucial speech. During a speech intended to reaffirm the U.S. government’s support for cryptocurrencies, Trump gave attendees his word that the administration is dedicated to supporting blockchain technology in the country. He underlined the significance of maintaining “our business in the United States, rather than China or some other place,” with reference to Bitcoin.
Key lawmakers from both houses of Congress attended the summit, along with a number of prominent figures from the industry, such as officials from Andreessen Horowitz (a16z), Coinbase, ConsenSys, Grayscale, Messari, Ripple, Uniswap, IoTeX, and Filecoin. The creation of a strong regulatory framework for the bitcoin industry was the main topic of discussion.
“The next 100 days are crucial for legislation in the U.S. crypto industry,” said Larry Pang, Head of Ecosystem at IoTeX, emphasizing the importance of the legislation. Along with stablecoins, DeFi, and staking, decentralized physical infrastructure networks have been identified as a key legislative issue.
The CEO of HarrisX, Dritan Nesho, gave a noteworthy presentation that provided insights into the voting patterns of the most recent U.S. elections.
“7/10 crypto investors took the candidates’ digital issues policies into consideration when choosing who to vote for. They view the future of crypto as one of the top issues facing the U.S. 25% of voters own crypto now.”
A forward-looking session called “Moving the Needle: Market Structure, Stablecoins, and SAB 121” marked the summit’s conclusion. Congressmen Mike Flood and Wiley Nickel were among the attendees, while Nilmini Rubin, Chief Policy Officer of Hedera, spoke about the future of market structures and cryptocurrency regulation.
