Blockchain Association members will visit Capitol Hill next week to advocate for digital asset tax policy and protections for decentralized finance (DeFi) and software developers. The association, which represents over 100 companies and investors in the digital asset industry, has long worked with lawmakers to develop clear regulations for blockchain technology. As Congress moves forward on market structure reform and tax legislation, the group aims to ensure that rules are practical and encourage innovation.
On Tuesday, the Blockchain Association will hold a Digital Asset Tax Fly-In. Seventeen industry leaders from more than a dozen member companies are scheduled to meet with 24 offices on the House Ways and Means Committee. The discussions will focus on creating clear and workable tax policies for digital assets. A lunch briefing is planned for House tax staffers to address equal treatment under tax law, clarity in regulations, and administrable rules for both taxpayers and the IRS.
Thursday’s agenda includes a DeFi Fly-In, where 21 leaders from 18 member companies will meet with 24 Senate offices. These meetings are directed at members of the Banking and Agriculture Committees. The association intends to highlight the need to protect software developers while ensuring that new legislation distinguishes between intermediaries and neutral decentralized infrastructure providers. Another lunch briefing will cover recent developments in DeFi market structure proposals, including technical aspects of Title III, BRCA, Section 505, and common control.
“These member fly-ins reflect both the opportunity of this moment and the depth of expertise our members bring to the table,” said Summer Mersinger, CEO of Blockchain Association. “We have been leading on these conversations for years, and now, as Congress moves toward legislative action, it’s critical that policymakers hear directly from the companies building this technology in the United States.”
“This is a pivotal legislative window,” said Lindsay Fraser, Chief Policy Officer of Blockchain Association. “Congress is actively shaping tax and market structure frameworks, and our members are here to provide practical, technically informed solutions that reflect how this technology actually works.”
During Tuesday’s fly-in event, Blockchain Association plans to release its Digital Asset Tax Principles—a framework created with input from its more than 100 members—to guide congressional debate about updating digital asset tax policy.
Throughout the week-long initiative, association members will attend meetings and briefings with congressional staff to offer technical knowledge based on their operational experience.
The Blockchain Association is recognized as a key nonprofit representing cryptocurrency interests in the United States. It engages federal policymakers nationwide to help shape regulatory frameworks that support blockchain innovation while working towards a secure digital marketplace through education efforts (official website).
