Trump may implement an executive order to abolish the controversial cryptocurrency accounting policy on his first day in office

According to The Washington Post, Trump is expected to issue an executive order on the first day of his presidential term, involving de-banking and abolishing controversial cryptocurrency accounting policies. This policy requires banks holding digital assets to treat them as liabilities.

Sources say, "The Trump team has clearly stated that this is a priority." These upcoming executive measures are aimed at cryptocurrency regulation, intended to protect cryptocurrency investors from what Trump calls the influence of the "Washington bureaucratic swamp".