Cryptocurrency Policy Summit in Washington D.C.

Today, on December 17th, the Cryptocurrency Policy Summit organized by the Washington Blockchain Association officially opened with a keynote address from the incoming U.S. President, Donald Trump. IoTeX, as a member, was invited to participate in this summit, joining industry leaders such as a16z, Coinbase, Consensys, Grayscale, Messari, Ripple, Uniswap, Filecoin, and dozens of U.S. congressional members to discuss and promote industry policy regulations. The Washington Blockchain Association stated that IoTeX’s profound expertise in the DePIN field will enhance its communication with the government, giving it a significant voice. IoTeX’s ecosystem lead, Larry, learned on-site that the next 100 days are crucial for cryptocurrency industry legislation in the U.S. Real, implementable applications like DePIN are gradually gaining recognition from lawmakers. DePIN has been prioritized alongside stablecoins, DeFi, and Staking as key legislative areas. During the summit, IoTeX will engage in in-depth discussions with members of the association’s DePIN working group, including Multicoin, Hedera, Filecoin, Helium, CESS, and Geodnet, on policies and regulations related to the integration of the real world with blockchain innovation.