A group of figures from the cryptographic industry has launched a non -profit lobbying arm to engage American decision -makers and the public on digital asset problems.
A non-profit organization led by important figures in the cryptocurrency and blockchain industry has been launched to educate decision-makers and encourage public advocacy.
On Tuesday, the American Innovation Project (AIP), an organization 501 (C) (3) based in Washington, DC, made its debut to “connect the decision -makers, the leaders of the industry and the experts to strengthen the understanding of emerging technologies”, in particular the AI and the blockchain.
Kristin Smith, president of Solana Policy Institute, will direct the board of directors of the new organization, which also consists of Blockchain Association, paradigm, of the digital and Coinbase currency group.
“The American Innovation project was created to promote dialogues, whatever its partisan affiliation, we can so that we can reject the divisions and work together to advance our country,” said Smith.
AIP joined several other American organizations which have arisen in the last nine months, following many legislators considered to be “pro-Crypto” winning their respective elections of 2024 to complete the government. Among them, the National Cryptocurrency Association (NCA), supported by Ripple Labs, the Solana Policy Institute, which was launched in March, and the DEFI Education Foundation, an initiative of the DEFI education fund.
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With regard to funding, the non -profit organization said that the digital currency group has contributed to $ 1 million and that the Cedar Innovation Foundation – a Dark money group with at least one figure associated with the Fairshake political action committee – provided an unknown amount for seed financing. The other donors included Andreessen Horowitz, the exchange of Kraken cryptocurrency, the stand with crypto and uniswap laboratories.
“Our mission is simple, but urgent: we have to equip American managers with the knowledge, context and the tools they need by considering the timely rules and regulations that respect the time and explain a rapidly evolving technological landscape,” said Smith.
Large events occur in Wyoming
Some members of the AIP board of directors, as well as American legislators and the industry leaders, attend the Wyoming Blockchain symposium in Jackson Hole this week.
The organization said that it would hold a “off -check” summit on Thursday, filling figuratively the gap between the symposium focused on the crypto and the Jackson Hole economic policy organized by the Federal Reserve Bank of Kansas City, from the same day.
Among the people present at Wyoming Blockchain Symposium was the president of the Senate banking committee, Tim Scott, who offered an overview of the Chamber’s plans to adopt a market structure bill in September.
The chairman of the securities and exchange committee, Paul Atkins, also addressed the crowd on Tuesday, which suggests that under his direction, the agency would adopt a different approach to the treatment of tokens as titles.
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