{"id":32715,"date":"2024-11-24T13:08:55","date_gmt":"2024-11-24T10:08:55","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=32715"},"modified":"2024-11-24T13:08:55","modified_gmt":"2024-11-24T10:08:55","slug":"crypto-community-presents-demands-to-donald-trump","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/crypto-community-presents-demands-to-donald-trump\/","title":{"rendered":"Crypto Community Presents Demands to Donald Trump!"},"content":{"rendered":"

The Blockchain Association<\/strong> has sent a detailed letter to President-elect Donald Trump and the new Congress, outlining key priorities for the first 100 days of his administration to foster growth in the cryptocurrency sector. The association emphasized the need for regulatory and policy changes to position the U.S. as a global leader in blockchain technology<\/strong>.<\/p>\n

Key Demands in the Letter:<\/h2>\n
    \n
  1. Establishing a Comprehensive Crypto Regulatory Framework<\/strong>
    \nThe Blockchain Association advocates for clear and consistent regulations to encourage innovation and growth<\/strong> in the digital asset space.<\/li>\n
  2. Ending Financial Discrimination Against Crypto Companies<\/strong>
    \nThe letter calls for equal access to financial services for blockchain firms, urging an end to discriminatory banking practices<\/strong>.<\/li>\n
  3. Appointing New SEC Leadership and Repealing SAB 121<\/strong>
    \nThe association proposes appointing a new SEC chair<\/strong> and repealing Staff Accounting Bulletin (SAB) 121<\/strong>, which is criticized for stifling industry growth.<\/li>\n
  4. Leadership Changes in the Treasury and IRS<\/strong>
    \nThe group advocates for leaders at the Treasury and IRS who are committed to fostering innovation<\/strong> in the crypto space.<\/li>\n
  5. Creating a Crypto Advisory Committee<\/strong>
    \nThe proposal includes forming an advisory council<\/strong> to guide policy efforts in collaboration with Congress and federal regulators.<\/li>\n<\/ol>\n

    Kristin Smith, CEO of the Blockchain Association, voiced confidence in the new administration\u2019s ability to implement crypto-friendly policies. She highlighted the shared vision of making the U.S. the global crypto capital<\/strong>, a hope echoed across the industry\u2019s innovators and developers.<\/p>\n

    \u201cThe arrival of President-elect Trump in Washington, alongside the most crypto-friendly Congress in history, presents an unprecedented opportunity to realize this vision,\u201d she said.<\/p>\n

    The crypto community now eagerly awaits how President Trump and Congress will respond to these demands, as their decisions could shape the future of the digital asset industry.<\/p>\n

    \n

    You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0Telegram,\u00a0<\/strong><\/a>YouTube<\/strong><\/a>,\u00a0and\u00a0Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

    The Blockchain Association has sent a detailed letter to President-elect Donald Trump and the new Congress, outlining key priorities for the first 100 days of his administration to foster growth in the cryptocurrency sector. The association emphasized the need for regulatory and policy changes to position the U.S. as a global leader in blockchain technology.<\/p>\n","protected":false},"author":28,"featured_media":32002,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,10,657,2],"tags":[192,847,6033,1730,39,3310],"class_list":["post-32715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-economy-news","category-en","category-news","tag-blockchain","tag-crypto-news","tag-crypto-regulation","tag-donald-trump","tag-sec","tag-trump"],"yoast_head":"\nCrypto Community Presents Demands to Donald Trump! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/crypto-community-presents-demands-to-donald-trump\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Crypto Community Presents Demands to Donald Trump! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"The Blockchain Association has sent a detailed letter to President-elect Donald Trump and the new Congress, outlining key priorities for the first 100 days of his administration to foster growth in the cryptocurrency sector. 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