Following the suggestion in a comment by Achim Krause I will show that the only solution of the equation $(x\oplus x)\oplus(x\oplus x)=x\oplus(x\oplus(x\oplus x))$ in the magma $(\mathcal P(\mathbb N),\oplus)$ is $x=\emptyset$, whence $\{\emptyset\}$ is the only associative submagma of $(\mathcal P(\mathbb N),\oplus)$.
It will be convenient to identify an element of $\mathcal P(\mathbb N)$ with its characteristic function as a subset of $\mathbb Z$, so that for $x\in\mathcal P(\mathbb N)$ and $n\in\mathbb Z$ we have $x_n=1$ if $n\in x$ and $x_n=0$ if $n\notin x$; in particular $x_n=0$ for all $n\lt0$. Thus for all $n\in\mathbb Z$ and $x,y\in\mathcal P(\mathbb N)$ we have $(x\oplus y)_n=x_n+y_n+x_{n-1}y_{n-1}$ (addition modulo $2$).
Now, for any $x\in\mathcal P(\mathbb N)$ and any $n\in\mathbb Z$, we have $$(x\oplus x)_n=x_n+x_n+x_{n-1}x_{n-1}=x_{n-1}$$ and $$((x\oplus x)\oplus(x\oplus x))_n=(x\oplus x)_{n-1}=x_{n-2},$$ so that $$((x\oplus x)\oplus(x\oplus x))_{n+3}=x_{n+1}.\tag1$$$$((x\oplus x)\oplus(x\oplus x))_{n+2}=x_n.\tag1$$ Also $$(x\oplus(x\oplus x))_n=x_n+x_{n-1}+x_{n-1}x_{n-2}$$ and $$(x\oplus(x\oplus(x\oplus x)))_n=$$$$x_n+(x_n+x_{n-1}+x_{n-1}x_{n-2})+x_{n-1}(x_{n-1}+x_{n-2}+x_{n-2}x_{n-3})$$$$=x_{n-1}x_{n-2}x_{n-3},$$ so that $$(x\oplus(x\oplus(x\oplus x)))_{n+3}=x_{n+2}x_{n+1}x_n.\tag2$$$$(x\oplus(x\oplus(x\oplus x)))_{n+2}=x_{n+1}x_nx_{n-1}.\tag2$$ If $(x\oplus x)\oplus(x\oplus x)=x\oplus(x\oplus(x\oplus x))$, then from $(1)$ and $(2)$ we have $$x_{n+1}=((x\oplus x)\oplus(x\oplus x))_{n+3}=$$$$x_n=((x\oplus x)\oplus(x\oplus x))_{n+2}=$$$$(x\oplus(x\oplus(x\oplus x)))_{n+3}=x_{n+2}x_{n+1}x_n,$$ $$(x\oplus(x\oplus(x\oplus x)))_{n+2}=x_{n+1}x_nx_{n-1},$$ whence $x_n=0\implies x_{n+1}=0$$x_n=1\implies x_{n+1}=x_{n-1}=1$, i.e., $x$ is a constant function. Since $x_n=0$ for $n\lt0$, it follows that $x_n=0$ for all $n$.