More than 65 crypto organizations, including the Solana Policy Institute, are pushing for clearer cryptocurrency tax guidelines. In a letter to President Trump, the alliance urged him to direct the Treasury Department and the IRS to issue much-needed guidance. Why is Cryptocurrency Tax Guidance Needed? The groups argue that existing roadmaps offer a solid foundation for establishing the US as a leader in the cryptocurrency sector. Specific requests include IRS guidance on applying minimum tax rates to cryptocurrencies, and Treasury Department guidance related to staking and mining rewards. Protection for the growing Decentralized Finance (DeFi) sector was also highlighted. Clarity in these areas would foster innovation, attract investment, and provide much-needed certainty for individuals and businesses navigating the evolving crypto landscape. The current lack of clear regulations creates confusion and hinders wider adoption of digital assets. ```