Crypto Lobbyists Pitching Trump on Getting Things Done During Congress' Uncertainty

Why It Matters

If the Trump administration acts on the letter’s requests, it could provide immediate regulatory clarity and tax relief for the crypto sector, reducing legal risk and encouraging investment while legislative reforms remain delayed.

Summary

More than 60 crypto industry groups, led by the Solana Policy Institute and joined by the Blockchain Association, Digital Chamber, Crypto Council for Innovation and firms such as Uniswap, Paradigm and FalconX, sent a letter to President Donald Trump urging his administration to deliver "quick‑win" policy actions while Congress stalls on market‑structure legislation. The petition asks for federal safeguards for developers of open‑source, permissionless protocols, protection of self‑custody rights, and a DOJ moratorium on civil liability for DeFi innovators, as well as IRS guidance to defer taxation on mining and staking rewards and to ignore small retail gains. The groups argue that these measures would complement pending Senate bills and reinforce Trump’s stated goal of making the United States a global crypto hub.