A coalition of over 70 cryptocurrency and blockchain organizations has penned a formal letter to President Trump urging immediate action on clarifying regulations within the digital asset space. The appeal, spearheaded by the Solana Policy Institute, emphasizes the urgent need for regulatory certainty in a sector experiencing rapid growth. The letter highlights positive actions taken during the first year of the administration, such as reversing the IRS Broker Rule and rescinding 401(k) restrictions on digital assets. However, it stresses that continued action is needed to maintain industry stability and foster innovation. The letter details several key areas where regulatory clarity is urgently required: tax guidelines for digital asset mining and staking rewards; clarification of airdrops, forks, and rebase events; rules regarding collateral pledging and liquidations; and application of de minimis tax rules for small cryptocurrency gains. Additionally, the organizations call on the SEC and CFTC to provide guidance on decentralized finance (DeFi) projects, particularly in relation to self-custody and regulatory sandboxes. They seek protective guidance to minimize disruption while rules are still being developed. Finally, the letter addresses the GENIUS Act, which aims to regulate stablecoins at the federal level. If passed into law, the bill would require stablecoin reserves to be fully backed by liquid assets and disclose monthly composition, promoting transparency in the market.