The Blockchain Association has called on president-elect Donald Trump and Congress to prioritize five key actions during the administration’s first 100 days to establish the U.S. as a global leader in cryptocurrency innovation.
In an open letter, the industry group outlined specific measures to address regulatory challenges and support the domestic digital asset economy.
The Blockchain Association is a U.S.-based crypto lobbying group advocating for a regulatory framework for cryptocurrencies. They emphasized lifting the bank account ban on crypto companies and appointing new leadership for the SEC, Treasury Department, and IRS.
They also proposed creating a cryptocurrency advisory committee to work with Congress and federal regulators.
Five priorities for Trump’s first 100 days
The letter highlighted five steps aimed at fostering a supportive environment for crypto businesses and users:
- Creating a Crypto Regulatory Framework
The Blockchain Association urged Congress to draft comprehensive legislation for cryptocurrency markets and stablecoins. This framework, it argued, would balance consumer protection with innovation. Stablecoins are digital currencies tied to traditional assets, such as the U.S. dollar, offering price stability for users. - Ending the Debanking of Crypto Companies
The group expressed concern over crypto businesses losing access to banking services. These companies rely on traditional banks to handle payroll, taxes, and vendor payments. Without banking access, their operations can be severely disrupted. - Reforming the SEC and Repealing SAB 121
The association called for a new SEC
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Author: Micah Zimmerman
