2025 Bitcoin Policy Summit in Washington, D.C.

In June, KGA managing partners Coco Kee and Kevin Goldstein participated in the 2025 Bitcoin Policy Summit held in Washington, D.C.

One takeaway is that the congressmen were open and honest. They discussed the progress of the two bills, GENIUS and CLARITY. They explained that Congress was currently focused on the Big Beautiful Bill. Once that was completed, attention would shift to the stablecoin and crypto bills.

Senator Lummis was hopeful about the GENIUS legislation being signed into law in August. Although ClARITY (the Market Structure) may take a bit longer, there is hope it will be completed before the year's end. Once these two bills are addressed, Congress should be able to focus on the Strategic Bitcoin Reserve bill in 2026.

In addition to the two bills, certain congressmen, including Torres, are engaged in the Blockchain Regulatory Certainty Act, which seeks to offer clear guidelines to ensure that open-source developers are not classified as banks or money transmitters.

We were pleased to observe that supporters from both parties were well-versed in blockchain, Bitcoin, and crypto, and were eager to promote and advance innovation in the U.S. As one of them aptly stated, this innovation transcends bipartisan support; it is a non-partisan matter focused on American innovation.

The organizer stated that when the Bitcoin Policy Summit first began 3 years ago, it had approximately 100 attendees. This year, the summit saw about 1,000 participants, with many being turned away due to capacity constraints. This indicates that awareness and adoption of the innovation are expanding rapidly.

Bitcoin's economic influence in the U.S. is growing. It contributes to revenue generation and job creation within the country. Over 150 companies associated with Bitcoin are headquartered in the U.S., and more than 40 states have Bitcoin mining sites exceeding 10MW, as reported by the Bitcoin investment firm River.

Watch the summit recording on YouTube