Crypto Advocates Push Trump Administration for Clear Regulatory Framework - Industry Demands Fair Interpretation

Crypto industry leaders are making their voices heard in Washington, calling for regulatory clarity from the Trump administration and federal agencies.

Industry at Regulatory Crossroads

Major cryptocurrency organizations are intensifying their lobbying efforts, seeking fair interpretation of existing regulations rather than waiting for new legislation. The push comes as digital assets continue gaining mainstream adoption while regulatory uncertainty persists.

Balancing Innovation and Protection

Advocates argue that clear guidelines would foster innovation while maintaining consumer protections—something that's been as elusive as finding a financial advisor who actually understands blockchain technology.

The industry's message is clear: give us rules we can follow, not regulations we need to decipher like ancient hieroglyphics. Because nothing says 'innovation-friendly' like needing a team of lawyers just to launch a token.

Crypto companies present four main points to the White House

The letter contained four main points, with multiple requests to specific agencies. The major point concerned crypto taxation, where the largest number of agencies was potentially involved. 

The crypto industry also called for financial innovation, with easier access and clearer rules. The third point concerned US-based DeFi developments, which could combine decentralized access with no concerns of breaking SEC rules or becoming the target of regulators. 

The fourth point concerned developer protection against prosecution, with calls to the Department of Justice for more clarity. 

Crypto representatives are attempting to engage the Securities and Exchange Commission, the IRS, the Commodity Futures Trading Commission (CFTC), as well as the National Economic Council, the Treasury, and the Consumer Financial Protection Bureau. 

USA remains major crypto driver in 2025

The USA remains the most influential market for crypto innovation, investment, and trading. 

US-based traders make up over 50% of Binance visits, with increased activity in the past few months. US-based traders are still using some DeFi products with no regulatory frameworks, getting exposed to international risk. 

The industry letter also called for the SEC Crypto Task Force to coordinate with the Divisions of Corporation Finance, Investment Management, and Trading and Markets and issue interim guidance for the developers of DeFi protocols. 

The signatories called for no action and exemptive relief to avoid the prosecution of developers or front-end sites. The letter aims to address the regulatory uncertainty for DEX and DeFi protocols, upholding the neutrality of code. 

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