The largest advocacy group in the digital asset industry is launching a new lobbying push this week to lock their first victories.
The fear of the heavyweights of cryptocurrencies is that American decision-makers consult the mid-term elections without adopting their absolute priority: legislation which would constantly revise how federal agencies regulate digital assets.
It is not for lack of efforts by President Donald Trump. Linked to industry by mutual distrust of traditional finance and its own lucrative companies, Trump has so far gave the crypto almost everything he has promised on the track; More recently, he signed orders targeting the banks that discriminated against cryptographic companies and leaving the crypto competing for American retirement accounts.
The biggest crypto problem lies in the congress. The allies of the industry overcome bitter intestine struggles this spring to adopt a bill creating rules for the small tranche of the market known as Stablecoins, which are set for non -digital assets such as the US dollar. But the cryptography industry is composed largely of more risky products than stablecoins – and companies fear that a future president can unravel a large part of what Trump has done to stimulate them.
This agitation is the backdrop of the mobilization of this week by the group group with Crypto, of which plans were shared first with Semafor.
The legislation that can devote crypto on the American financial market beyond the stablescoins has long been “the main event,” said CEO of Crypto Council for Innovation, Ji Kim, in an interview.
“It’s so wonderful to have a pro-Crypto administration, but it is something that could be canceled with the new administration,” said the CEO of the Blockchain Summer Mersinger association. “What we want is a permanent framework.”
The advocacy group enrolled partners like Kim and Mersinger for an “day of action” on Thursday which will send the defenders of cryptography to put pressure on the legislators for a bill on the structure of the market; Some have already presented themselves in the town halls of Congress. They have already sent an email, called or met legislators more than 800,000 times, depending on the group.
He will also organize block festivals in four states – titled by rapper Big Sean, who should appear in Detroit on August 22 – this month and the next one.
For industry, the convincing congress of acting is a long -term security issue; Only a fraction of Americans uses crypto and a new regulatory framework could stimulate its saturation.
“Still, from the start, it was a market structure,” said Semaor Mason Lynaugh, with the community director of Crypto. “We have to codify how we want to treat the crypto here.”
It will not be easy, despite Trump’s GOP having total power in the capital. As a government closure and the 2026 election profession, the time is short to advance a large part of anything, except the essential financing legislation before the legislators took the tracking track.
As a crypto defender said: not only is the market structure bill not “ready for prime hours this year”, but there is an emerging possibility that “it never happens”.
