Trump Plans Executive Orders on Crypto Banking and Accounting Policies

According to Odaily, sources have told The Washington Post that former President Donald Trump is expected to issue executive orders on his first day in office on crypto banking and the repeal of a controversial accounting policy. The policy mandates that digital assets held by banks must be accounted for 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 describes as the “bureaucratic swamp of Washington.”