🚨🚨 Trump's Crypto Boost: Executive Orders to Ease Regulations 👏👏
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Donald Trump is expected to sign executive orders on his first day in office, aiming to support the growth of the cryptocurrency industry. According to sources, these orders will address key issues hindering crypto adoption and innovation.
One of the primary objectives is to repeal a contentious accounting rule that forces banks to treat digital assets as liabilities on their balance sheets. This change will enable banks to hold cryptocurrencies without facing stringent regulatory requirements.
Additionally, the executive orders are expected to ease regulations and reduce compliance burdens, allowing crypto businesses to operate more freely. This move is intended to promote innovation and entrepreneurship in the crypto space.
The Trump administration's efforts to support the crypto industry are seen as a significant shift in US policy. By providing clarity and relaxing regulatory hurdles, these executive orders can help foster a more favorable environment for cryptocurrency growth and adoption.
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