A few bullet points summarizing my conversations in DC regarding crypto legislation: -Stablecoin legislation AND market structure targeted for August 1. Staffers confident in achieving both by this deadline. -Bitcoin strategic purchases still on the table. Some individuals confident we can get it done through the national security angle. Some big names will speak to Congress re the security issue in the coming months -Huge "book" of new rules and guidance coming out of the Trump admin targeted for late July. Agencies can fall in line or EO will force them to. -The push by more centralized L1s in DC is very very real. This needs to be checked by the industry. -Consistent and vocal support for onshoring crypto businesses. Incentives are on the table.