Crypto Groups Urge President Trump to Advance Key Policy Wins Amid Legislative Delays

Dozens of leading crypto organizations are calling on President Donald Trump to push forward targeted policy actions while Congress continues to negotiate long-awaited digital asset market structure legislation. The coordinated appeal, led by the newly formed Solana Policy Institute and backed by major industry groups such as the Blockchain Association, Digital Chamber, Crypto Council for Innovation, and DeFi Education Fund, highlights opportunities for what they describe as “quick wins” the administration can deliver without waiting for Congress.

As Senate negotiations on a framework that could complement the House’s Digital Asset Market Clarity Act stall beyond earlier expectations set by Trump and congressional allies, federal regulators have continued to advance their own agendas. The Securities and Exchange Commission and the Commodity Futures Trading Commission have pursued several enforcement and policy initiatives that many in the industry say risk stifling innovation.

In the letter, signatories urged Trump to ensure that developers of open-source, permissionless blockchain protocols and interfaces are not subjected to enforcement actions while new rulemaking is underway. They also emphasized the importance of preserving Americans’ ability to self-custody their digital assets—a longstanding cornerstone of the crypto ecosystem—and requested protections for decentralized finance technologies across federal agencies.

Major crypto companies including Uniswap, Paradigm, and FalconX joined the call for tax reforms. The groups asked the Internal Revenue Service to clarify that staking and mining rewards should not be taxed until the assets are sold, and that small gains from everyday purchases using crypto should not trigger taxable events. These proposals echo legislative efforts championed by Senator Cynthia Lummis, who has been a key voice on digital asset policy.

Addressing Trump directly, the letter praised his administration’s early efforts to expand opportunities for crypto builders and investors. The groups argued that a unified, government-wide commitment to fostering blockchain innovation would support Trump’s stated vision of making the U.S. the global hub for cryptocurrency development.

They also urged the Department of Justice to halt prosecutions of developers who create decentralized, open-source software—a response to recent cases involving Tornado Cash and Samourai Wallet, where developers received multi-year prison sentences.