Blockchain Association Gives Trump Cryptocurrency Priorities for His First 100 Days in Office

According to the , the US cryptocurrency lobby group has submitted a letter to President-elect Donald Trump and Congress, conveying the priority cryptocurrency-related issues that should be addressed in the first 100 days of his term. These include: 1) establishing a regulatory framework for cryptocurrencies, 2) repealing the regulation that prohibits cryptocurrency companies from having bank accounts, 3) appointing a new chairman of the Securities and Exchange Commission (SEC) and rescinding the financial firms' mandatory accounting guidance for cryptocurrency custody (SAB 121), 4) appointing new heads of the Treasury Department and the Internal Revenue Service (IRS), and 5) establishing a cryptocurrency advisory council to collaborate with Congress and federal regulatory agencies.