Trump to Sign Executive Order Reversing Biden-Era Crypto Policies
- President Trump plans to sign an executive order targeting Biden-era crypto policies.
- The order aims to reverse “Operation Chokepoint 2.0,” which allegedly restricted crypto banking services.
- The executive order could impact Federal Reserve policies on master accounts for crypto banks.
- Stablecoins may be declared non-securities under the new directives.
- This will be Trump’s third crypto-related executive order since returning to office.
The upcoming executive order by President Trump seeks to dismantle the regulatory framework of “Operation Chokepoint 2.0,” potentially altering Federal Reserve policies and redefining stablecoins’ legal status, marking his third such directive in recent months.
Source (2.6)https://decrypt.co/309392/trump-executive-order-end-biden-crypto-debanking-operation-chokepoint?rand=52368