New U.S. Crypto Group AIP Joins Crowded Field, Targets Policymaker Education
The American Innovation Project (AIP) is a new advocacy group focusing on educating U.S. policymakers about cryptocurrency as regulatory frameworks are developed. Launched as a nonpartisan nonprofit, AIP plans to host summits and educational events, starting with a summit in Jackson Hole, Wyoming, on August 21. Given the crowded field of over a dozen existing crypto policy groups, AIP aims to carve out a niche in the educational sector. By operating as a 501(c)(3) nonprofit, AIP hopes to facilitate greater cooperation with lawmakers while also offering potential tax benefits to donors, including those contributing in cryptocurrency. The organization has garnered support from various stakeholders in the crypto industry, including the Digital Currency Group and Coinbase. AIP's board includes figures from established crypto organizations, led by Kristin Smith of the Solana Policy Institute. The initiative aims to equip American leaders with the necessary knowledge and tools to navigate the rapidly evolving landscape of digital assets and regulations.
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