Official announcements from the White House or verified reports from major news outlets

Trump to Issue Crypto Executive Orders on Day One, Repeal SAB 121 and Address De-banking

Jan 13, 2025, 08:08 PM

President-elect Donald Trump is expected to issue executive orders related to cryptocurrency policies on his first day in office, January 20th, according to reports from the Washington Post. These orders may address crypto-related issues, including potentially repealing SAB 121—a rule that labels Bitcoin as a liability on bank balance sheets—and addressing de-banking. The anticipated actions aim to clarify cryptocurrency regulations and could impact the crypto market's future.