The Blockchain Association has called on President-elect Donald Trump and Congress to prioritize cryptocurrency innovation during the administration’s first 100 days. The group outlined five key actions in an open letter:
Draft a Comprehensive Crypto Framework to regulate cryptocurrency markets and stablecoins, balancing innovation and consumer protection.
End banking restrictions to ensure crypto companies can access traditional banking services. Reform the SEC and repeal SAB 121, appointing new leadership to foster a pro-innovation approach.
Appoint pro-innovation leaders at the Treasury and IRS to create fairer tax policies and avoid stifling innovation. Establish a Crypto Advisory Council to encourage collaboration between the industry, Congress, and regulators.
These steps aim to position the U.S. as a global leader in cryptocurrency while supporting businesses and consumers.
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