A new player has entered the bustling U.S. crypto advocacy arena. The American Innovation Project (AIP), a nonprofit entity, has launched with a mission to educate policymakers on cryptocurrency—a niche that appears to be underserved amidst an already crowded field. Introduced on Tuesday, this initiative has set its sights on hosting educational events free from the lobbying tag, potentially easing interactions with lawmakers and providing tax perks for crypto donations.
A Unique Approach to Policy Engagement
In a landscape peppered with established entities like the Digital Chamber and Blockchain Association, AIP intends to carve out its own space by emphasizing nonpartisan educational efforts rather than direct lobbying. Its strategy? Events like policy roundtables and innovation summits designed to foster collaboration among lawmakers, innovators, and entrepreneurs. The group’s inaugural event, a summit, kicks off this week in Jackson Hole, Wyoming, coinciding with the Wyoming Blockchain Symposium. This timing could prove strategic, drawing in attendees already present for the symposium.
Backed by notable names such as Digital Currency Group and Cedar Innovation Foundation, AIP brings with it a strong lineage of support. Other sponsors include heavyweights like Coinbase, Kraken, and Andreessen Horowitz, underscoring the industry’s backing for this educational initiative. Mark Murphy, president of DCG, emphasized the importance of a nonpartisan forum in cultivating thoughtful, forward-looking discussions on crypto regulation. This aligns with broader industry efforts, such as those by a16z and DeFi Education Fund advocating for SEC safe harbor provisions, to create a more conducive regulatory environment.
Navigating a Crowded Field
The creation of AIP shines a light on a key issue within the crypto advocacy sphere: saturation. With over a dozen groups already vying for attention in Washington, AIP’s educational focus might offer a refreshing change, albeit with its own set of challenges. Kristin Smith, leading the board at AIP, articulated the project’s mission as both simple and urgent—equipping American leaders with the necessary knowledge and context to develop timely regulations. Smith’s recent departure from the Blockchain Association to join the Solana Policy Institute, coupled with her new role at AIP, signals a significant shift in her focus towards educational advocacy.
Yet, the question remains: can AIP effectively differentiate itself in a sea of voices? According to sources familiar with the matter, the nonprofit status could be a game-changer, allowing for more neutral ground in discussions—a factor that might appeal to lawmakers wary of overt lobbying. This comes at a time when the U.S. Fed has officially scrapped a specialist group meant to oversee crypto issues, highlighting the ongoing challenges in establishing effective oversight mechanisms.
The Road Ahead for Crypto Regulation
The launch of AIP comes at a pivotal time. As the U.S. grapples with emerging crypto policies, President Donald Trump’s administration has shown support for positioning the nation as a global leader in digital assets. The timing of AIP’s establishment could not be more crucial, with regulatory frameworks still in flux. The organization’s emphasis on education may prove vital as lawmakers navigate the complexities of a rapidly evolving technological landscape.
Looking ahead, AIP’s success will likely hinge on its ability to attract both attention and participation in its events. With its first summit just days away, all eyes will be on Jackson Hole to see how AIP’s approach will be received by the crypto community and lawmakers alike. The outcome could very well set the tone for AIP’s future initiatives and its standing in the crowded advocacy field.
As the industry continues to expand and evolve, AIP’s efforts may raise questions about the effectiveness of existing advocacy groups and whether an educational approach can indeed influence policy in meaningful ways. The coming months will be telling, as AIP seeks to establish itself as a key player in the ongoing dialogue surrounding cryptocurrency regulation.
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This article is based on: New U.S. Crypto Group AIP Joins Crowded Field, Targets Policymaker Education
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Steve Gregory is a lawyer in the United States who specializes in licensing for cryptocurrency companies and products. Steve began his career as an attorney in 2015 but made the switch to working in cryptocurrency full time shortly after joining the original team at Gemini Trust Company, an early cryptocurrency exchange based in New York City. Steve then joined CEX.io and was able to launch their regulated US-based cryptocurrency. Steve then went on to become the CEO at currency.com when he ran for four years and was able to lead currency.com to being fully acquired in 2025.
