PANews reported on November 21 that, according to Crypto In America, over 60 crypto companies and advocacy groups submitted an "early Christmas list" to US President Trump this week, outlining more than a dozen measures they hope the government will prioritize during Congressional legislation. The letter, spearheaded by the Solana Policy Institute, urges the Treasury Department and the IRS to immediately implement most of the policy initiatives outlined in the July Presidential Task Force on Digital Assets report. The letter, jointly signed by numerous organizations including Uniswap, Ledger, FalconX, and Paradigm, emphasizes that these measures could yield "quick wins" and help Trump achieve his goal of making the US the "crypto capital of the world." Key demands include: Regarding tax clarity, guidance should be provided for staking, mining, airdrops, cross-chain transactions, collateralized staking, and charitable donations to prevent taxation before actual revenue is realized, while ensuring rules align with economic realities; Regarding regulatory certainty, clear rules should be established for developers, DeFi protocols, and digital asset self-custody, and no-action remedies and safe harbors should be provided within the existing framework; Regarding DeFi protection and innovation, the FinCEN guidelines should be updated to strengthen cybersecurity measures and support the flourishing of decentralized projects in the United States; Justice should be sought for Tornado Cash developer Roman Storm, urging the Department of Justice to drop the charges and confirm that releasing open-source software is not a crime.PANews reported on November 21 that, according to Crypto In America, over 60 crypto companies and advocacy groups submitted an "early Christmas list" to US President Trump this week, outlining more than a dozen measures they hope the government will prioritize during Congressional legislation. The letter, spearheaded by the Solana Policy Institute, urges the Treasury Department and the IRS to immediately implement most of the policy initiatives outlined in the July Presidential Task Force on Digital Assets report. The letter, jointly signed by numerous organizations including Uniswap, Ledger, FalconX, and Paradigm, emphasizes that these measures could yield "quick wins" and help Trump achieve his goal of making the US the "crypto capital of the world." Key demands include: Regarding tax clarity, guidance should be provided for staking, mining, airdrops, cross-chain transactions, collateralized staking, and charitable donations to prevent taxation before actual revenue is realized, while ensuring rules align with economic realities; Regarding regulatory certainty, clear rules should be established for developers, DeFi protocols, and digital asset self-custody, and no-action remedies and safe harbors should be provided within the existing framework; Regarding DeFi protection and innovation, the FinCEN guidelines should be updated to strengthen cybersecurity measures and support the flourishing of decentralized projects in the United States; Justice should be sought for Tornado Cash developer Roman Storm, urging the Department of Justice to drop the charges and confirm that releasing open-source software is not a crime.

More than 60 crypto companies and advocacy groups urged the White House to advance priorities during the bill's review process.

2025/11/21 21:46
2 min read

PANews reported on November 21 that, according to Crypto In America, over 60 crypto companies and advocacy groups submitted an "early Christmas list" to US President Trump this week, outlining more than a dozen measures they hope the government will prioritize during Congressional legislation. The letter, spearheaded by the Solana Policy Institute, urges the Treasury Department and the IRS to immediately implement most of the policy initiatives outlined in the July Presidential Task Force on Digital Assets report. The letter, jointly signed by numerous organizations including Uniswap, Ledger, FalconX, and Paradigm, emphasizes that these measures could yield "quick wins" and help Trump achieve his goal of making the US the "crypto capital of the world."

Key demands include: Regarding tax clarity, guidance should be provided for staking, mining, airdrops, cross-chain transactions, collateralized staking, and charitable donations to prevent taxation before actual revenue is realized, while ensuring rules align with economic realities; Regarding regulatory certainty, clear rules should be established for developers, DeFi protocols, and digital asset self-custody, and no-action remedies and safe harbors should be provided within the existing framework; Regarding DeFi protection and innovation, the FinCEN guidelines should be updated to strengthen cybersecurity measures and support the flourishing of decentralized projects in the United States; Justice should be sought for Tornado Cash developer Roman Storm, urging the Department of Justice to drop the charges and confirm that releasing open-source software is not a crime.

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