Blockchain Association Pushes Crypto Reform for Trump’s First 100 Days

The Blockchain Association, a D.C. advocacy group, is pressing President-elect Trump to prioritize crypto reform early in his term. In a Nov. 22 letter, the group laid out a five-point plan to revamp outdated regulations and boost innovation.

Fixing U.S. Crypto Oversight

The Association criticized the current “regulation by enforcement” strategy, claiming it has driven crypto companies overseas. It believes Trump’s administration could transform the U.S. into a crypto-friendly hub.

Five Reform Priorities

1. Set Clear Crypto Rules
   Create regulations that protect consumers but encourage growth in the digital asset space.
2. Stop Blocking Crypto Companies from Banks
   Ensure crypto businesses can access banking services.
3. Appoint Pro-Crypto SEC Leaders
   Replace current SEC leadership to eliminate anti-crypto rules like SAB 121.
4. Reform Treasury and IRS Leadership
   Bring in leaders supportive of crypto innovation, such as Kevin Warsh, who is a rumored candidate for Treasury Secretary.
5. Form a Crypto Advisory Group
   Establish a council to work with lawmakers and agencies on better crypto policies.

Early Signs of Progress

Reports suggest Trump’s team is already considering a dedicated White House crypto role, signaling alignment with the Association’s vision.

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