Donald Trump's return to the presidency is expected to bring significant changes to US cryptocurrency policies. His first executive order will address urgent issues in the crypto sector, aiming to reshape digital asset regulation.
Presidential Crypto Council and New Directions
The executive order is set to form a presidential crypto council, including top CEOs and founders from the crypto industry. This group will collaborate on resolving critical challenges in the crypto space.
SEC's Role and Potential Regulation Repeal
The order is expected to push the SEC to rescind SAB 121, a regulation that limits U.S. banks from participating in cryptocurrency operations. This rule has hindered institutional adoption of digital assets.
Impact of Reforms on US Crypto Policies
Comprehensive crypto reforms could reshape U.S. policy and foster global innovation.
Donald Trump's cryptocurrency policies, including the creation of a crypto council and potential SEC reforms, could significantly change the U.S. approach to digital assets, opening new avenues for industry innovation.
