Investing.com– U.S. President-elect Donald Trump is preparing to sign an executive order making cryptocurrency a national policy priority and granting industry leaders a significant role in shaping regulations, Bloomberg reported on Friday citing sources.
The move could reshape how the U.S. government approaches digital assets, marking a sharp turn from the current administration’s enforcement-heavy strategy.
The forthcoming order, expected as early as Monday, aims to elevate cryptocurrency to a national imperative. It may establish a crypto advisory council to advocate industry-friendly policies, signaling a warmer stance after years of regulatory crackdowns, the report stated.
was 0.4% higher at $100,285.5 as of 19:34 ET (00:34 GMT).
Federal agencies under President Joe Biden filed over 100 enforcement actions against crypto firms, including Binance and , and tightened restrictions on banking access for the sector following scandals such as FTX’s…
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