Blockchain Association sets crypto agenda for Trump’s initial 100 days
Looking out for American crypto innovators, the Blockchain Association wants President-elect Donald Trump to make some big changes when he takes office. In a letter shared on their website, they laid out a five-point plan for the first 100 days of the new administration.
One of their key goals is to end what they call the “regulation by enforcement” era of cryptocurrency oversight in the US. They believe that changing the current regulatory regime will help crypto businesses grow and thrive within the country.
The Association’s plan includes creating a framework that promotes innovation while protecting consumers, putting an end to the debanking of cryptocurrency businesses, and appointing new heads of the Securities and Exchange Commission, Treasury, and IRS. They also suggest setting up a crypto advisory council to work with Congress and federal regulatory agencies.
While these changes won’t be easy and there may be some obstacles along the way, the Blockchain Association is hopeful that Trump’s arrival in Washington could lead to a more supportive environment for crypto in the US. Stay tuned to see how these proposals develop in the coming months!
