New U.S. Nonprofit AIP Launches to Educate Crypto Policymakers
The American Innovation Project (AIP) has launched as a nonprofit 501(c)(3) organization focused on educating U.S. lawmakers on crypto policy, distinguishing itself from existing lobbying groups.
- AIP aims to host policy roundtables, innovation summits, workshops, and trainings.
- It is backed by Digital Currency Group, Cedar Innovation Foundation, Coinbase, Kraken, and other industry players.
- The group's inaugural summit occurs in Jackson Hole, Wyoming, on August 21, coinciding with the Wyoming Blockchain Symposium.
- The board includes Kristin Smith, former leader of the Blockchain Association, and members from various crypto organizations.
- Donors can contribute crypto assets and receive potential tax benefits.
- AIP's goal is to provide knowledge and tools for lawmakers to create informed regulations in a rapidly evolving tech landscape.
Current U.S. crypto policy advocacy involves numerous organizations, highlighting a crowded field amid ongoing regulatory developments.