The policy formulators of several stripes spoke at the Salt Wyoming conference this week at Jackson Hole, Wyoming.
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The narrative
Congress is still on vacation, but policy formulators walked to Jackson Hole, Wyoming to talk to the cryptographic industry, praising largely or saying how they expect the legislation to advance. Here are some clips of what they said, courtesy of Helene Braun de Coindesk and others.
Why does it matter
The industry has seen a lot of progress in cryptographic policy priorities this year. The comments of the legislators insinuate how the last four months of 2025 would be seen, and what we can expect from federal regulators.
Break down
“I think we will have between 12 and 18 Democrats at least open to vote for the structure of the market.” – President of the Senate Banking Committee Tim Scott
“We will have it on the president’s desktop before Thanksgiving.” – Senator Cynthia Lummis on market structure legislation
“Just imagine seeing in public capital all transactions that enter and leave that company and how much information they give.” – Franklin Templeton Jenny Johnson CEO
“We need a clear and strategic regulatory framework that facilitates the adoption of new technologies, recognizing that in some cases, it can be inappropriate and inappropriate to apply the existing regulatory orientation to address emerging technology.” – Vice President of the Federal Reserve for Michelle Bowman Supervision
“There is nothing to fear when thinking about intelligent contracts, tokenization or distributed accounting books.” – Governor of the Chris Waller Federal Board
“It is no secret that my side of the hall would prefer not to see any acting president, I will not appoint one, participate in this market while I was acting president unless those assets are in a sealed confidence.” – Representative Angie Craig, a classification member in the Agriculture Committee of the House of Representatives
- Congress remains at rest and no regulatory agency celebrates an event this week.
- (CNBC) Goldman Sachs expects US consumers to pay tariffs that the president of the United States, Donald Trump, imposed on most countries that trade with the US. UU. A few days after that previous article, Sony announced that it would increase the price of PlayStation 5 consoles in the United States.
- (Border Electronic Foundation) Wyoming and Dakota del Sur have promulgated strict laws that require the websites to verify the ages of the users if they house “any sexual content”, including “a wide range of non -pornographic content, including classical literature and art.”
- (The Wall Street Journal) Despite Elon Musk’s public statements about the foundation of a new political party, he is going back and, instead, considering supporting vice president JD Vance and other Republicans, the Journal reported.
If you have thoughts or questions about what I should discuss next week or any other comments you want to share, do not hesitate to send me an email to [email protected] or find myself at bluesky @nikhileshde.bsky.social.
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Look, next week!