Trump may issue an executive order on his first day in office, covering crypto banking and repealing controversial crypto accounting policies

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ODAILY
01-13
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Odaily Odaily According to The Washington Post, sources said that Trump is expected to issue an executive order on the first day of his presidency regarding bank encryption business and the abolition of the controversial cryptocurrency accounting policy, which requires digital assets held by banks to be accounted for as liabilities on the balance sheet. A source told The Washington Post, "The Trump team has made it clear that this is a priority." These upcoming executive measures target cryptocurrency regulation and are intended to protect cryptocurrency investors from what Trump calls the "Washington bureaucratic swamp."

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