The CEO of Bitcoin Magazine announced that the first 200 executive orders from Trump will include digital assets.
5 key points:
ā”ļø Gary Gensler has been fired. The interim successor is pro-crypto Mark Uyeda, and Paul Atkins, a blockchain technology supporter, has been proposed for the permanent position.
ā”ļø Crypto as a national priority. Trump wants the U.S. to lead in mining, blockchain, and have BTC reserves.
ā”ļø The end of Chokepoint 2.0. Trump promised to restore normal relations between banks and crypto companies after regulatory pressure. This will open access to liquidity for the entire industry.
ā”ļø Cancellation of SAB 121 restrictions. This rule stifled fintech due to reserve requirements. If it is removed, banks will begin to more actively offer crypto products.
ā”ļø A chance for Ross Ulbricht. Trump promised to review the case, so the creator of Silk Road may receive a pardon.
So far, the only outcome is Gensler's firing.
But banks are already preparing for crypto payments, 11 states are ready to launch a bitcoin reserve, and Ulbricht's pardon has been confirmed by Musk himself.
What do you think?
#tramp #owercrypt