Industry Unites to Demand Clarity
More than 65 major crypto companies and organizations have banded together to demand regulatory clarity from President Donald Trump’s administration. In a direct message to the White House, the group urged the government to address the ongoing confusion around crypto taxation, DeFi regulation, privacy rules, and developer liability. The letter emphasized that despite recent progress on stablecoins and token creation, “significant gray areas” continue to slow innovation across the U.S. crypto ecosystem.
A Call for Action as “Quick Wins”
The letter highlighted that while Congress continues crafting legislation, the Administration should move faster, citing the President’s Working Group’s recommendations.
Industry leaders stressed that the U.S. needs coordinated policy - not fragmented agency interpretations - if it expects to remain competitive.
Led by Solana Policy Institute, Backed by Giants
The Solana Policy Institute spearheaded the letter, backed by top players across the Ethereum, Solana, ZCash, and broader Web3 ecosystems. Signatories included companies spanning trading platforms, decentralized infrastructure, developer tooling, and privacy networks. Their message underscored the urgent need for cohesive, predictable rules in the world’s most influential crypto market.
Four Major Demands for the White House
The coalition laid out four critical points, anchored around the need for simpler, unified, and innovation-friendly regulation. First, they called for immediate clarity on crypto taxation, noting the confusing overlap between agencies like the IRS, CFTC, SEC, and Treasury. The industry also pushed for financial innovation pathways, enabling easier access to crypto products without fear of regulatory whiplash. On DeFi, the signatories insisted that U.S. developers must be able to build without triggering SEC enforcement, especially as “neutral code” should not be treated like a regulated financial service.
Developer Protections and a Path Forward
The final pillar of the letter urged the Department of Justice to issue clearer guidelines protecting open-source developers from prosecution. Many teams fear building DeFi tools or front-ends without knowing whether they could be held liable for user behavior. The letter pressed for no-action relief while agencies sort out their frameworks. With U.S. traders making up over 50% of Binance traffic and still relying on global DeFi platforms, the industry warned that unclear rules expose Americans to unnecessary international risk.
