Trump plans pro-crypto executive order on day one
President-elect Trump may sign a pro-crypto executive order on his first day, targeting debanking and overregulation to boost the cryptocurrency industry.
President-elect Donald Trump is reportedly preparing to sign an executive order supporting cryptocurrency regulations on his first day in office, according to the Washington Post. Sources involved in the discussions reveal that Trump’s team, led by incoming crypto advisor David Sacks, has been working closely with cryptocurrency industry leaders to develop policies aimed at ending unfair banking practices and overregulation.
The executive order could address the issue of “debanking,” where banks politically restrict or shut down crypto firms’ accounts….
