Crypto Groups Urge Trump for Immediate Tax Guidance Amid Uncertainty

A powerful coalition of over 65 cryptocurrency organizations has sent a strong message to the Trump administration, urging action on urgently needed crypto tax guidance. This move comes amid growing uncertainty for investors and businesses navigating a complex regulatory landscape. The groups’ letter highlights the importance of clear guidelines to ensure proper tax compliance and avoid costly mistakes. The lack of specific guidance creates confusion around cryptocurrency transactions, impacting individual investors, startups, and even DeFi platform developers.