Crypto Lawyers' Open Letter to Trump: How to Make the U.S. the Global Crypto Capital
Crypto Lawyers’ Bold Blueprint for Trump
Over 20 cryptocurrency attorneys have penned an open letter to President Trump, offering a roadmap to cement the U.S. as the undisputed leader in blockchain innovation. As someone who’s spent years decoding regulatory chaos, I can’t help but admire their audacity—and timing. The letter, exclusively released via CoinDesk, reads like a wishlist for every crypto entrepreneur who’s ever cursed the SEC’s opaque guidance.
The Core Pitch: Freedom Meets Framework
The lawyers argue that America’s ethos of individual liberty naturally aligns with crypto’s decentralized ideals. Yet, as they dryly note, regulators have treated digital assets like “unwanted stepchildren” — forcing talent offshore with contradictory rules. Their solution? A three-pronged strategy:
- Support homegrown innovators (Coinbase, Circle) with clear rules
- Champion crypto values like privacy and disintermediation
- Fix the business environment by ending punitive banking restrictions
Regulatory Roulette: SEC vs. CFTC
The letter skewers the current jurisdictional mess between agencies. One gem: “Tokens powered by open-source software aren’t securities—they’re more like digital wheat fields.” They propose Congress draw bright lines between securities and commodities, learning from Europe’s MiCA framework while avoiding its pitfalls.
Stablecoins: The Dollar’s Digital Lifeline
With $200B+ in circulation, stablecoins are framed as strategic assets—modern-day Eurodollars bolstering USD dominance. The lawyers push for transparent reserve requirements, noting how these tokens “quietly fund U.S. Treasury demand” between coffee trades.
My Take: A High-Stakes Opportunity
As an INTJ analyst, I appreciate the letter’s surgical precision. But will Trump’s team prioritize crypto amid political theatrics? The proposed policies—from axing SAB 121 accounting rules to creating federal sandboxes—could unleash unprecedented growth. Or collect dust alongside other well-intentioned white papers.
Final thought: Whether you’re a Bitcoin maxi or TradFi skeptic, this manifesto deserves attention. Because if regulators keep driving builders abroad, even meme coins won’t laugh about it.
CryptoQueenNY
Hot comment (16)
When Legal Eagles Meet Political Theater
These crypto lawyers drafting letters to Trump remind me of submitting bug reports to Ethereum core devs – technically precise but likely ignored amid bigger drama. Their “digital wheat fields” analogy? Chef’s kiss for dodging the SEC!
Pro tip: If stablecoins fund Treasury demand between coffee trades, maybe we should rename them “FedExpressoins”?
Drop your hot takes below – will this manifesto moon or get rugged by politics?
Abogados vs SEC: La batalla épica
¡20 valientes abogados cripto desafiando al establishment! Su carta a Trump es como un white paper mezclado con sueños libertarios. Proponen que EEUU abrace las cripto… o perderá el tren como con Internet 2.0.
El detalle más divertido: Comparan los tokens con “campos de trigo digitales”. ¿Será que el SEC ahora va a regular la cosecha? 😂
Si esto prospera, ¡adiós a bancos tradicionales y hola a stablecoins salvadoras! ¿Trump entenderá algo o solo verá el $$$? #ToTheMoonONo
Advogados de Crypto Entregam Plano a Trump
Mais de 20 advogados de criptomoedas escreveram uma carta aberta ao Trump com um plano para tornar os EUA a capital global do crypto. Parece que finalmente alguém decidiu explicar blockchain em termos que ele possa entender—talvez com um pouco de ouro digital envolvido?
O Melhor Parte? Eles comparam tokens a ‘campos de trigo digitais’. Finalmente, uma analogia que até um agricultor de Iowa aprovaria! Será que Trump vai abraçar essa ideia ou vai tweetar sobre isso às 3 da manhã?
E aí, galera do crypto, será que isso vai pra frente ou vira mais um meme? Comentem abaixo!
Abogados cripto al rescate
¡20 valientes abogados han escrito a Trump para convertir EE.UU. en Disneylandia de las cripto! Su carta es tan audaz como intentar explicar DeFi a tu abuela en Navidad.
SEC vs CFTC: La telenovela
Las regulaciones actuales son más confusas que el roadmap de un shitcoin. Proponen dividir tokens como “campos de trigo digitales” - ¡ojalá la SEC no los fumigue!
Stablecoins: Los héroes secretos
Estas monedas están financiando el Tesoro estadounidense entre transacciones de café. ¿El próximo paso? ¿Pagar impuestos con memecoins?
¿Y ustedes? ¿Creen que Trump entenderá algo más allá de “Bitcoin bad”? 😂
When Lawyers Become Crypto Heroes
Move over, Avengers! These crypto attorneys just dropped the mic with their open letter to Trump. Their three-point plan to make the U.S. the crypto capital is like finding a unicorn in Wall Street—rare but magical.
Regulatory Roulette Gone Wild The SEC vs. CFTC battle gets roasted harder than a failed ICO. Their gem: “Tokens are digital wheat fields” might be the best analogy since “Bitcoin is digital gold.”
Stablecoins Saving the Day $200B+ propping up Treasury demand? That’s not just stable—that’s heroically boring finance made exciting!
So, will Trump listen or let this become another dusty white paper? Place your bets! #DeFiOrDie
¡La carta más audaz desde “Querido Diario”!
Estos abogados cripto le mandan a Trump el manual definitivo: cómo perder talento en 3 pasos (y recuperarlo con stablecoins).
Me encanta su comparación de tokens con campos de trigo digital. ¿Será que el SEC los rociará con pesticidas regulatorios?
Lo mejor: Proponen que las stablecoins son el nuevo petrodólar. ¡Y pensar que Venezuela tuvo que imprimir billetes como locos!
¿Lograrán que EE.UU. sea la capital cripto? O terminará como mi cartera en diciembre: llena de buenas intenciones y pocos resultados.
#CriptoPolítica #TrumpCoin
Quando os advogados de crypto fazem lobby melhor que seu Tinder
Esses 20 corajosos advogados escreveram uma carta aberta ao Trump que parece o roteiro de Black Mirror: ‘Como ser o rei do crypto em 3 passos’. A parte mais engraçada? Comparar tokens com campos de trigo digital - finalmente, uma explicação que até minha avó entende!
SEC vs. CFTC: A novela das criptomoedas
Enquanto as agências reguladoras brigam como crianças no recreio, os verdadeiros inovadores fogem para praias mais amigáveis (olá, Portugal!). Proposta radical: que tal regulamentar com cafézinho e pastel de nata em vez de multas?
PS: Alguém avisa ao Trump que stablecoins são o novo petrodólar? #DeFiSobAtaque
¡Trump podría ser el próximo rey cripto! 👑
Estos abogados le han enviado una carta épica pidiéndole que convierta EE.UU. en la capital mundial del blockchain.
Lo mejor es su comparación: “Los tokens son como campos de trigo digitales”. ¡Hasta los agricultores podrían minar cripto! 🌾💻
Y ojo con los stablecoins: son como dólares disfrazados de tecno que financian al gobierno entre transacciones de café. ☕💰
¿Crees que Trump entenderá esto o lo confundirá con otro NFT de monos? ¡Comenta tu predicción!
