At the Washington Crypto Policy Summit hosted by the Blockchain Association, President Donald Trump reiterated his administration’s commitment to establishing the U.S. as a global leader in the cryptocurrency space. In his goodwill address, Trump highlighted the importance of fostering innovation within the U.S. to prevent the dominance of competitors like China. “Our business must remain in the United States,” he asserted, referencing the growing importance of Bitcoin and blockchain technologies.

Bringing Lawmakers and Industry Together

The summit witnessed the convergence of U.S. Congress members and key industry leaders, including representatives from a16z, Coinbase, Ripple, and Filecoin. Discussions centred on crafting regulations to drive innovation while ensuring accountability. Stablecoins, decentralised finance (DeFi), and staking were identified as critical legislative priorities for the coming months. Larry Pang, Head of Ecosystem at IoTeX, noted, “The next 100 days are pivotal for the U.S. crypto industry’s legislative future.”

Voter Interest in Digital Asset Policies

A presentation by Dritan Nesho, CEO of HarrisX, revealed the influence of crypto policies on U.S. voters. The survey showed that 7 out of 10 crypto investors considered candidates’ digital asset policies when voting. Additionally, 25% of American voters now own cryptocurrency, underscoring the growing mainstream appeal of digital assets and their role in shaping public opinion.

Key Policy Discussions to Drive Progress

The summit’s concluding session titled “Moving the Needle: Market Structure, Stablecoins, and SAB 121” brought together lawmakers and industry experts, including Congressmen Wiley Nickel and Mike Flood, along with Hedera’s Chief Policy Officer Nilmini Rubin. The session emphasised the need for clear market structures and comprehensive guidelines on stablecoins, reflecting the urgency of balanced legislation in a rapidly evolving sector.

As the U.S. positions itself as a blockchain hub, the summit demonstrated the critical need for collaboration between policymakers and industry leaders to chart a sustainable and competitive future for cryptocurrency.