According to a report by The Information on May 23, the US crypto industry is establishing a closer coordination network in Washington to focus on legislation on key issues such as stablecoin regulation, crypto market structure legislation, and ETFs, in order to TechFlow the process of regulatory legalization.
The report states that with the Trump administration's shift towards a more friendly stance on crypto and increased congressional support, the industry is attempting to seize this window of opportunity to formally integrate crypto assets into the mainstream US financial system. Institutions such as Coinbase and a16z crypto are also continuously expanding their policy influence, using political donations, lobbying teams, and industry alliances to push the regulatory framework from "repression" to "regulation and acceptance."
