The Blockchain Association outlines its priorities for the upcoming Trump administration.
The association, representing nearly 100 members, recently sent a letter to President-elect Donald Trump and the new Congress outlining its priorities to consider for the digital asset industry in the first 100 days of the administration.
The key priorities include:
• Establish a crypto regulatory framework.
• End the debanking of crypto and blockchain technology companies.
• Appoint a new Securities and Exchange Commission (SEC) chair and roll back SAB 121, the SEC’s accounting guidelines.
• Appoint new leadership at the Treasury Department and Internal Revenue Service (IRS).
• Develop a crypto advisory council to work with Congress and federal regulatory agencies.
“President-elect Trump’s vision to make America the crypto capital of the world is a hope shared by the entire crypto industry – and its founders, developers, and innovators. And it can be realized with President-elect Trump’s arrival to Washington, along with the most pro-crypto Congress in history,” Blockchain Association CEO Kristin Smith said.
Blockchain Association officials said it and its member companies are ready to support the new administration and Congress as they work to make America the world leader in crypto innovation.
“Thank you for your commitment to crypto innovation, the companies trailblazing this new technology, and the American workers, innovators, and builders deeply committed to ushering in a new era of financial and internet advancement,” the letter concludes.