Trump to Sign Executive Orders Allowing Banks to Trade Crypto and Wealthy Clients to Invest

Jan 23, 2025, 08:12 PM

President Donald Trump is set to sign executive orders related to cryptocurrency, according to multiple sources including Reuters and aides close to the President. The orders are expected to allow banks to trade crypto, enable wealthy clients to invest in digital assets, and permit banks to hold cryptocurrency in their portfolios. This move is anticipated to have significant implications for the cryptocurrency market in the United States. The prediction was made by Jerallaire, CEO of Circle, a prominent player in the crypto industry.