Trump plans to reduce regulations for cryptocurrency companies through executive orders, potentially pushing cryptocurrencies into mainstream

From Investing.com

January 17, 2025 5:31:30 pm:

President-elect Donald Trump plans to reduce regulations for cryptocurrency companies and promote digital asset adoption through executive orders. He is expected to create a crypto advisory council and direct the SEC to rescind accounting guidance making it costly for some companies to hold cryptocurrencies. Critics point to fraud and money laundering risks in the industry. Trump’s policy changes could push cryptocurrencies into the mainstream. Cryptocurrency regulation is among topics Trump will address with executive orders in his second term.

Read more at Investing.com: Trump plans crypto-friendly orders in first few days in power By Reuters