Crypto Firms Push Trump to Direct Agencies on Stalled Regulatory Guidance

In brief

  • More than 65 crypto organizations have called on Trump to order regulators clarify digital asset rules.
  • The letter requests tax guidance on staking rewards, safe harbors for DeFi developers, and dismissal of charges against Tornado Cash developer Roman Storm.
  • The push comes as CFTC nominee Mike Selig advances toward confirmation and Treasury’s international crypto tax reporting rules reach White House review.

More than 65 crypto organizations are calling on President Donald Trump to bypass Congress and order federal agencies to immediately clarify digital asset regulations, amid rising impatience with the pace of legislative reform.

In a letter sent to the White House, major industry players, including Coinbase, Uniswap Labs,…

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