PANews August 19 news, a new nonprofit organization 'American Innovation Project' (AIP) supported by Coinbase, Uniswap Labs, and others was officially launched on August 19, aiming to educate American policymakers about emerging technologies such as cryptocurrency and artificial intelligence.

The AIP plans to connect policymakers with industry experts through activities such as roundtable discussions and workshops, transforming complex technological trends into actionable understanding. The project has received support from various institutions including Kraken, Coinbase, the National Cryptocurrency Association, Paradigm, the Solana Policy Institute, and the Digital Currency Group (DCG), and has secured $1 million in seed funding from the Cedar Innovation Fund and DCG.