Policymakers from various backgrounds attended the SALT Wyoming Conference in Jackson Hole, where they expressed favorable views towards cryptocurrency and discussed legislative progress.

Highlights from the Conference:

• Tim Scott, Senate Banking Committee Chair: “I believe that we will have between 12 and 18 Democrats at least open to voting for market structure.”
• Cynthia Lummis, Senator: “We will have it on the President’s desk before Thanksgiving.”
• Jenny Johnson, CEO of Franklin Templeton: “Imagine seeing on public equity all the transactions that go in and out, providing immense insight.”
• Michelle Bowman, Fed Vice Chair: “A strategic regulatory framework is essential to facilitate technology adoption.”
• Chris Waller, Fed Governor: “There’s nothing to fear about smart contracts and distributed ledgers.”
• Angie Craig, House Agriculture Committee: “We prefer not to see any sitting President participating in this market unless assets are in a sealed trust.”

The conference provided a necessary platform to reevaluate crypto’s role in the political landscape as Congress remains on break.