Policymakers need to listen to voices from the crypto industry itself rather than relying solely on traditional financial institutions when shaping regulations. The tax framework around digital assets requires urgent clarity—particularly on two fronts: crypto-to-crypto transactions should receive favorable treatment to encourage ecosystem activity, and the definition of taxable events needs to be more precise. Right now, the ambiguity creates compliance headaches for everyday traders and projects. Getting this right means building rules that work for the actual market, not hypothetical scenarios.