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Home»Blockchain»The Blockchain Association outlines the priorities of the new Trump administration
Blockchain

The Blockchain Association outlines the priorities of the new Trump administration

November 28, 2024No Comments2 Mins Read
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The Blockchain Association outlines its priorities for the next Trump administration.

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The association, which represents nearly 100 members, recently sent a letter to President-elect Donald Trump and the new Congress outlining its priorities for the digital assets industry to consider during the first 100 days of his administration.

Key priorities include:

• Establish a regulatory framework for cryptography.
• End the debanking of crypto and blockchain technology companies.
• Appoint a new chairman of the Securities and Exchange Commission (SEC) and rescind SAB 121, the SEC’s accounting guidelines.
• Appoint new leaders to the Treasury Department and the Internal Revenue Service (IRS).
• Develop a crypto advisory council to work with Congress and federal regulatory agencies.

“President-elect Trump’s vision of making America the crypto capital of the world is a hope shared by the entire crypto industry – as well as its founders, developers and innovators. And this can be achieved with the arrival of President-elect Trump in Washington, as well as the most pro-crypto Congress in history,” said Kristin Smith, CEO of the Blockchain Association.

Blockchain Association officials said it and its member companies are ready to support the new administration and Congress in their efforts to make America the global leader in crypto innovation.

“Thank you for your commitment to crypto innovation, to the companies pioneering this new technology, and to American workers, innovators and builders deeply committed to ushering in a new era of financial and Internet progress,” the letter concludes.



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