cryptofamily

Trump plans to issue executive orders on crypto-banking and accounting policies

According to Odaily, sources told The Washington Post that former President Donald Trump is expected to issue executive orders on his first day in office regarding cryptocurrency transactions and the repeal of a controversial accounting policy. That policy dictates that digital assets held by banks must be recorded as liabilities on their balance sheets. A source told The Washington Post that Trump's team has emphasized this as a priority. These upcoming executive actions are aimed at regulating cryptocurrencies with the intention of protecting crypto investors from what Trump calls the "Washington bureaucratic quagmire."

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