The CEO of Bitcoin Magazine announced that the first 200 executive orders from Trump will include digital assets.
5 key points:
➡️ 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.
➡️ Crypto as a national priority. Trump wants the U.S. to lead in mining, blockchain, and have BTC reserves.
➡️ 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.
➡️ 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.
➡️ 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?
