Market
Which U.S. bank will first trade cryptocurrencies post-Trump's executive orders?
3
Resolution / Starting Odds
JPMorgan Chase • 25%
Bank of America • 25%
Wells Fargo • 25%
Other • 25%
Official announcements from the banks or financial news outlets
Story
Trump Expected to Sign Executive Orders Easing Bank Ownership of Digital Assets, Says Circle CEO Jeremy Allaire
Jan 21, 2025, 03:46 AM
Circle CEO Jeremy Allaire anticipates that U.S. President Donald Trump will soon sign executive orders to facilitate banks' involvement with digital assets. These orders are expected to allow banks to trade cryptocurrencies, offer crypto investments to wealthy clients, and hold digital assets in their portfolios. Allaire also called for the repeal of the U.S. Securities and Exchange Commission's Staff Accounting Bulletin (SAB 121), which currently restricts financial institutions from holding digital assets. This move is seen as a significant step toward mainstream crypto integration, potentially easing regulatory restrictions on cryptocurrencies.
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Bank of America • 25%
Other • 25%
JP Morgan • 25%
Wells Fargo • 25%
Wells Fargo • 25%
Other • 25%
JPMorgan Chase • 25%
Bank of America • 25%
Neutral stance • 25%
Opposition • 25%
No official response • 25%
Supportive stance • 25%
Supportive of the orders • 25%
Opposed to the orders • 25%
Neutral/no significant reaction • 25%
Other significant reaction • 25%
Other • 25%
U.S. Treasury • 25%
Securities and Exchange Commission (SEC) • 25%
Commodity Futures Trading Commission (CFTC) • 25%
JP Morgan • 25%
Bank of America • 25%
Other • 25%
Goldman Sachs • 25%
Bank of America • 25%
JPMorgan Chase • 25%
None of the above • 25%
Wells Fargo • 25%
Wells Fargo • 25%
Bank of America • 25%
JPMorgan Chase • 25%
Other major bank • 25%
None • 25%
Bank of America • 25%
JPMorgan Chase • 25%
Goldman Sachs • 25%
Florida • 25%
Texas • 25%
Other • 25%
California • 25%