PANews reported on November 22 that the U.S. Blockchain Association announced that it had submitted a letter to U.S. President-elect Trump and the new Congress on behalf of its nearly 100 members, outlining the priorities that need to be considered in the first 100 days that affect the cryptocurrency industry. The main contents include: establishing a cryptocurrency regulatory framework, ending the de-banking of cryptocurrency and blockchain technology companies, appointing a new SEC chairman and revoking SAB121, appointing new leadership for the Treasury Department and the Internal Revenue Service, and establishing a cryptocurrency advisory committee to work with Congress and federal regulators.
U.S. Blockchain Association Submits Crypto Regulation Recommendations to Trump Administration
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The total market value of cryptocurrencies has exceeded 3.4 trillion US dollars, reaching a record high