First in The Vault: A large coalition of crypto companies and trade associations is urging President Donald Trump to take “immediate” regulatory steps to support the industry.
A letter released Thursday and addressed to Trump lays out several priorities in “tax clarity,” “regulatory clarity” and decentralized finance the group would like to see implemented. It was led by the Solana Policy Institute and joined by groups like the Blockchain Association, Crypto Council for Innovation, Uniswap Foundation, the Digital Chamber, DeFi Education Fund and Paradigm.
Separate from Capitol Hill, the groups said, “there are other steps that can be taken by the Administration that deliver quick wins to complement legislative efforts.”