Sentence: The Blockchain Group, with around 100 members, wrote to President Trump about quickly changing rules for digital money in the U.S. The alliance implored President Trump to contemplate their suggestion during the initial hundred days of his tenure.
The Blockchain Coalition’s blueprint consists of numerous pivotal measures:
- Establishing a comprehensive regulatory framework for cryptocurrencies.
- Ending the debanking of blockchain and cryptocurrency companies.
- Designating a novel head of the SEC and revoking the SAB 121 legislation.
- Installing fresh guidance at the Treasury Department and the Internal Revenue Service.
- Establishing a cryptocurrency advisory committee to cooperate with legislative bodies and government regulatory authorities.
The aim of the Blockchain Guild is to motivate Republican governance to revamp federal supervision within the virtual currency and chain technology spheres, thereby promoting the entire industry’s expansion.
For decades, American pioneers in the digital currency sector have endured oppression, and in certain scenarios, have been compelled to relocate beyond borders due to an adversarial legislative atmosphere. The organization articulated in its communiqué to Trump that your presence in Washington could fundamentally transform this circumstance.
The Blockchain Association and its companies are ready to help the new government and Congress with their plan to make the US a top country for crypto innovation.
