A coalition of prominent blockchain and digital asset organizations has called on President Trump to expedite the establishment of clear federal regulations for the rapidly expanding U.S. cryptocurrency market. In a joint letter dated November 20, 2025, the Solana Policy Institute and its partners emphasized the need for regulatory clarity to foster innovation and enhance the United States' competitive edge in the global crypto landscape, as stated in the official source.
Key Regulatory Actions Highlighted
The coalition's letter highlights several key regulatory actions aimed at addressing the current ambiguities in U.S. crypto policy, particularly concerning tax treatment. They urge the Trump Administration to direct federal agencies to finalize guidance on the tax implications of staking rewards and mined assets, as well as to implement non-recognition rules that would prevent taxable events when bridging assets or migrating chains.
Call for Standardized Regulations
Additionally, the letter calls for standardized regulations regarding airdrops, which are often a source of confusion for users and developers alike. Industry representatives argue that the lack of clear IRS guidelines hampers adoption and deters both everyday users and innovators from engaging with Web3 networks. This ultimately stifles the growth of the U.S. crypto economy.
On the same day, Morgan Stanley revised the Federal Reserve's rate cut timeline, which may impact the cryptocurrency market amid calls for regulatory clarity from blockchain organizations. For more details, see read more.
