Trump’s Second Term Sparks Crypto Policy Anticipation
- Donald Trump inaugurated as the 47th US President, beginning his second term.
- Plans for over 100 executive orders, with a focus on crypto policy changes.
- Circle CEO Jeremy Allaire expects immediate announcements on crypto trading services for banks.
- Potential revocation of SEC’s Staff Accounting Bulletin 121 (SAB 121) anticipated.
- “Operation Chokepoint 2.0” may end, easing government scrutiny on crypto companies.
The inauguration of Donald Trump for a second term has generated expectations for significant changes in cryptocurrency policies, including potential revisions to banking practices and the possible end of “Operation Chokepoint 2.0,” which has been seen as restrictive to the crypto industry.
Source (2.6)https://coingape.com/trump-government-to-greenlight-crypto-trading-for-banks-reuters/?rand=24432
