Order14067
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đ Trump DIDN'T Repeal Bidenâs CRYPTO Order!!!
On his first day back in the White House, President Donald Trump trashed 78 of Joe Bidenâs executive orders, but strangely left Executive Order 14067 untouched. Thatâs the order known for tightening the screws on crypto by fueling âOperation Choke Point 2.0.â Basically, critics say it gave U.S. regulators the green light to restrict crypto firmsâ access to banksâleading to shutdowns like Silvergate Bank and Signature Bank.
Crypto watchers are scratching their heads. Trump once slammed âChoke Point 2.0â at the 2024 Bitcoin conference, promising to junk it as soon as he got back in office. Yet, he didnât. Some folks, like analyst Adam Cochran, are outraged that the president never mentioned the order while campaigning or on day one. They fear the SEC, FDIC, and other agencies still have too much power to clamp down on crypto under the current rules.
Regulators say theyâre just safeguarding the banking system. But many in the crypto world see a targeted crackdownâespecially after banks friendly to digital assets mysteriously disappeared or faced serious regulatory heat. So for now, Americaâs crypto players are left wondering: Will Trump actually keep his anti-âChoke Point 2.0â promise? Or is he backing off in favor of other agendas? Until the president acts, the digital asset industry might stay stuck in legal limboâright where itâs been since Biden signed 14067. At least he kept his promise and pardoned Ulbricht (Silk Road founder), so we see that he didn't forget about crypto altogether.
Let's see how this evolves - follow @Professor Mende - Bonuz Ecosystem Founder and I'll keep you updated! #DonaldTrump #Trump #CryptoMarketNews #Order14067 #Regulators $TRUMP
On his first day back in the White House, President Donald Trump trashed 78 of Joe Bidenâs executive orders, but strangely left Executive Order 14067 untouched. Thatâs the order known for tightening the screws on crypto by fueling âOperation Choke Point 2.0.â Basically, critics say it gave U.S. regulators the green light to restrict crypto firmsâ access to banksâleading to shutdowns like Silvergate Bank and Signature Bank.
Crypto watchers are scratching their heads. Trump once slammed âChoke Point 2.0â at the 2024 Bitcoin conference, promising to junk it as soon as he got back in office. Yet, he didnât. Some folks, like analyst Adam Cochran, are outraged that the president never mentioned the order while campaigning or on day one. They fear the SEC, FDIC, and other agencies still have too much power to clamp down on crypto under the current rules.
Regulators say theyâre just safeguarding the banking system. But many in the crypto world see a targeted crackdownâespecially after banks friendly to digital assets mysteriously disappeared or faced serious regulatory heat. So for now, Americaâs crypto players are left wondering: Will Trump actually keep his anti-âChoke Point 2.0â promise? Or is he backing off in favor of other agendas? Until the president acts, the digital asset industry might stay stuck in legal limboâright where itâs been since Biden signed 14067. At least he kept his promise and pardoned Ulbricht (Silk Road founder), so we see that he didn't forget about crypto altogether.
Let's see how this evolves - follow @Professor Mende - Bonuz Ecosystem Founder and I'll keep you updated! #DonaldTrump #Trump #CryptoMarketNews #Order14067 #Regulators $TRUMP
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