• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Crypto Industry Changes: President Donald Trump's Executive Orders

user avatar

by Giorgi Kostiuk

a year ago

Donald Trump's first day in office is expected to include signing several executive orders that could significantly affect the cryptocurrency industry.

Trump's Plans for the Crypto Industry

According to The Washington Post, Donald Trump plans to sign an order to repeal the crypto liability accounting policy, a priority for his team. The new administration is also expected to address 'crypto de-banking'.

Industry and Leaders' Reaction

Crypto executives have long accused Joe Biden's administration of pressuring banks to cut off services to the crypto industry. Trump is expected to change this course, fulfilling his campaign promises to make the USA a global 'crypto capital'.

The Trump team has made it very clear that this is a priority.Unnamed source

Marc Andreessen's Role in the New Administration

Marc Andreessen, a venture capitalist known for supporting tech and crypto companies, is said to be a key player in forming Trump's new administration, assisting in selecting candidates for critical positions.

If Trump implements the announced changes, it could significantly impact the development of the cryptocurrency industry in the US and strengthen its global position.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Standard Chartered and Ant International Unveil Blockchain Tokenized Deposit Solution

chest

Standard Chartered Bank, in partnership with Ant International, has launched a blockchain-based tokenized deposit solution to enhance liquidity management.

user avatarRajesh Kumar

Industry Leaders Challenge MSCI's Proposal to Exclude Crypto Companies

chest

Industry leaders are voicing concerns over MSCI's proposed exclusion of crypto treasury companies.

user avatarMiguel Rodriguez

Younger Generations Invest in Crypto at Higher Rates

chest

In a recent post, Coinbase CEO Brian Armstrong revealed that younger adults are investing in alternative assets, including cryptocurrencies, at three times the rate of older generations.

user avatarLuis Flores

US Oil Prices Drop Below $55 for the First Time Since February 2021

chest

US oil prices have fallen below $55 per barrel for the first time since February 2021, impacting market expectations.

user avatarArif Mukhtar

Challenges Facing the Growth of USDT Payments

chest

Despite rapid adoption, USDT faces regulatory scrutiny and user experience challenges that need to be addressed for mainstream acceptance.

user avatarNguyen Van Long

Amazon Withdraws from Fermi's AI Data Center Project

chest

Amazon has withdrawn from discussions to become the first tenant at Fermi Inc's AI data center in West Texas, affecting the company's stock and future plans.

user avatarMaria Gutierrez

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.