Coinbase hosted its third annual State of Crypto Summit in New York City on June 12, 2025, livestreamed on X. The event featured prominent industry figures and focused on the future of cryptocurrency, including regulatory developments and innovation in the United States. Former President Donald Trump delivered a pre-recorded video address, referring to himself as America's first crypto president and highlighting his administration's support for the crypto sector. Key legislative topics discussed included the GENIUS Act for stablecoin regulation and proposals for a national bitcoin reserve. Coinbase CEO Brian Armstrong emphasized the need to bring crypto trading, innovation, and jobs back to the U.S. The summit also included sessions with policymakers such as David Sacks, the White House A.I. and Crypto Czar, and Paul Grewal, who provided insights into the evolving policy landscape affecting the crypto industry.