• 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

Swan Bitcoin Requests Subpoena for Cantor Fitzgerald and Howard Lutnick

chest

Swan Bitcoin has filed a request in a US court to subpoena Cantor Fitzgerald and its former CEO Howard Lutnick amid allegations of misconduct involving Tether.

user avatarLi Weicheng

Aleksandr Khinkis: The Russian Broker Behind a Major Ransomware Laundering Operation

chest

Aleksandr Khinkis, a Russian OTC broker, is identified as a key figure in a scheme laundering millions from ransomware payments.

user avatarTenzin Dorje

Circle's USDC Faces Major Market Revaluation Due to Legislative Changes

chest

Circle's USDC experienced an 18% market value loss due to a proposed amendment to the CLARITY Act banning yield on stablecoins.

user avatarAisha Farooq

Iran-Israel Conflict Accelerates Shift to Petroyuan

chest

The ongoing Iran-Israel conflict is impacting the US dollar's dominance, with Iran allowing oil payments in yuan, potentially leading to the rise of the petroyuan.

user avatarBayarjavkhlan Ganbaatar

Rycroft Review Proposes Capping Overseas Donations to Political Parties

chest

The Rycroft review recommends capping overseas donations from UK citizens living abroad at £100,000 per year to regulate foreign financial influence in UK politics.

user avatarElias Mukuru

Reform UK Protests Against Cryptocurrency Donation Ban

chest

Reform UK members protested against the cryptocurrency donation ban by walking out of Parliament, criticizing the government's stance on crypto.

user avatarMohamed Farouk

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.