Market
How will major U.S. banks respond to Trump's crypto orders by March 31, 2025?
3
Resolution / Starting Odds
Supportive stance • 25%
Neutral stance • 25%
Opposition • 25%
No official response • 25%
Official statements from major U.S. banks or financial news reports
Story
Trump to Issue Executive Orders on Crypto Policies, Including Repeal of SAB 121, on Day One
Jan 13, 2025, 08:24 PM
President-elect Donald Trump is expected to issue executive orders pertaining to cryptocurrency policies, including Bitcoin, on his first day in office, according to reports from The Washington Post. Trump and his transition team, including advisor David Sacks, have been working closely with cryptocurrency industry leaders to develop a legislative strategy aimed at crafting favorable regulations and attracting top talent to the United States. The anticipated executive orders may address issues such as de-banking and potentially repeal the controversial accounting policy SAB 121, which requires banks holding digital assets to classify them as liabilities. These actions could positively impact the cryptocurrency industry.
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Opposed to the orders • 25%
Supportive of the orders • 25%
Other significant reaction • 25%
Neutral/no significant reaction • 25%
No • 50%
Yes • 50%
Neutral • 25%
No Reaction • 25%
Supportive • 25%
Opposed • 25%
Other • 25%
Bank of America • 25%
Wells Fargo • 25%
JP Morgan • 25%
JPMorgan Chase • 25%
Bank of America • 25%
Wells Fargo • 25%
Other • 25%
Appointing pro-crypto officials • 25%
Other crypto-related initiatives • 25%
Establishing a crypto reserve • 25%
Ending 'de-banking' policy • 25%
Regulatory framework for crypto • 25%
Tax incentives for crypto firms • 25%
Public-private crypto partnerships • 25%
Other initiative • 25%