Policymakers of various stripes spoke at the SALT Wyoming conference this week in Jackson Hole, Wyoming.

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The narrative

Congress is still on vacation, but policymakers trekked up to Jackson Hole, Wyoming to speak to the crypto industry — largely praising it or saying how they expect legislation to move forward. Here are some clips of what they said, courtesy of CoinDesk's Helene Braun and others.

Why it matters

The industry has seen a lot of progress on crypto policy priorities this year. Lawmakers' comments hint at what the last four months of 2025 might look like, and what we can expect from federal regulators.

Breaking it down

"I believe that we'll have between 12 and 18 Democrats at least open to voting for market structure." —

"We will have it on the President’s desk before Thanksgiving." —

"Just imagine seeing on public equity all the transactions that go in and out of that company and how much information that gives you." —

"We need a clear, strategic regulatory framework that will facilitate the adoption of new technology, recognizing that in some cases, it may be inadequate and inappropriate to apply existing regulatory guidance to address emerging tech." —

"There is nothing to be afraid of when thinking about smart contracts, tokenization or distributed ledgers." —

"It’s no secret that my side of the aisle would prefer not to see any sitting President — I won’t name one — participating in this market while a sitting president unless those assets are in a sealed trust." —

Stories you may have missed

• : The U.S. Treasury Department published its first request for information stemming from the GENIUS law — focused on detecting illicit activity in crypto. Interested members of the public have two months to file a comment.
• : A new 501(c)(3) group funded by crypto lobbying organizations wants to host events to tell lawmakers about crypto.
• : An industry-wide effort led by TRM Labs hopes to make it easier to respond to and mitigate major exchange hacks.
• : A group of crypto lobbying organizations urged the White House to move forward with the nomination of former CFTC Commissioner Brian Quintenz for chair of that agency.
• : Tyler and Cameron Winklevoss donated $21 million in bitcoin to a new political action committee that will specifically support Republicans.

This week

• Congress remains on break and no regulatory agency is holding an event this week.

Elsewhere:

• () Goldman Sachs expects U.S. consumers to pay for the tariffs that U.S. President Donald Trump imposed on most countries trading with the U.S. A few days after that earlier article, Sony announced the price of Playstation 5 consoles in the U.S.
• () Wyoming and South Dakota have enacted stringent laws requiring websites to verify users' ages if they host "any sexual content," including "a broad range of non-pornographic content, including classic literature and art."
• () Despite Elon Musk's public statements about founding a new political party, he is backtracking and instead considering supporting Vice President JD Vance and other Republicans, the Journal reported.

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See ya’ll next week!