Let me get this straight: 65+ crypto companies just wrote a letter to Trump saying, “Hey, you’re the only one who can fix crypto, please do it before we all go broke.” Because nothing says “leadership” like a man who once called Bitcoin a scam and then forgot he owned a gold-plated wallet. 🤡
Big names like Solana Policy Institute, Exodus, and Uniswap Labs are now playing the “we’re all in this together” card. Guess what? The roadmap exists! Now go read it, maybe even sign it, instead of tweeting about your hair. 📄
1/ Today, 65+ crypto orgs cried into their coffee: “Federal agencies must act NOW!” 🚨
Because obviously, the only thing stopping crypto innovation is a lack of more paperwork. Thanks for the faith, folks.
– Solana Policy Institute (@SolanaInstitute) November 20, 2025
Tax Clarity? More Like Tax Nightmares 💸
The letter says, “Please clarify how staking rewards are taxed.” Let me guess: they want to be taxed only when they sell their $0.0001 tokens. Because nothing says “financial genius” like hoping your Shiba Inu moon. 🐕
And now they want a $600 exemption for small transactions. Great idea! Let’s make it legal to ignore taxes on tiny gains… until the IRS comes knocking with a chainsaw. 🔨
Regulatory Clarity? Please 😅
The SEC and CFTC are being asked to “clarify” crypto rules. Because nothing says “clarity” like a 10-page legal document written in ancient Latin. 📜
They also want the SEC to stop suing developers for writing open-source code. Oh, right, because nothing promotes innovation like threatening people with prison if their code has a typo. 🚨
Protect American DeFi? Sure, Why Not? 🛡️
They want the Treasury to drop the “crypto mixing” crackdown. Because nothing says “national security” like letting people hide their money in a blockchain puzzle. 🧩
And FinCEN needs to stop treating non-custodial wallets like they’re drug dens. Because nothing screams “money laundering” like a guy named “Satoshi” who never logs in. 👀
Developer Protections? Hilarious 🤣
The letter says, “Don’t prosecute developers for publishing software.” Wow, revolutionary! Next they’ll ask for clean water and sunlight. 🌞
They’re begging the DOJ to drop charges against Roman Storm for working on Tornado Cash. Because nothing shows “support for innovation” like letting someone write code that hides crypto transactions. 🕵️♂️
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2025-11-21 16:20