A giant coalition of cryptocurrency advocates urges Trump to issue immediate executive orders to rescue the sector
In an unprecedented move, more than 65 leading companies and institutions in the digital assets and cryptocurrency space have sent an open letter directly to U.S. President Donald Trump, urging him to take urgent executive actions to restructure the entire regulatory and tax framework of the sector.
🚀 A unified message from the heart of the crypto industry
The letter, organized and led by the Solana Policy Institute, has been signed by some of the most prominent names in the market, including:
- Coinbase
- Uniswap Labs
- Exodus
- Kraken
The coalition emphasized that the United States faces the risk of losing its global leadership in blockchain and digital innovation if immediate and decisive actions are not taken by the White House itself.
💼 The key demands that the coalition has placed on Trump’s table:
1. Issue immediate executive orders to halt the pursuit of developers and innovators by regulatory bodies.
2. Urgent tax reforms to end the discriminatory treatment of digital assets (such as considering every transaction or exchange as a taxable event).
3. Provide rapid regulatory clarity that protects investor rights and encourages capital to remain within the United States rather than migrate to more welcoming countries like Singapore, Switzerland, and the UAE.
