President-elect Donald Trump is reportedly preparing to issue executive orders aimed at fostering a more favorable environment for cryptocurrency firms. These actions are anticipated to occur shortly after he assumes office, marking a significant shift in the regulatory landscape for digital assets.
What Happened: Trump intends to utilize executive powers to ease regulatory burdens on cryptocurrency companies and promote the adoption of digital assets, according to a report by Reuters.
Trump, who has openly supported cryptocurrency, is expected to sign an executive order to establish a crypto advisory council, a concept he initially proposed in July, according to two anonymous sources familiar with the discussions.
Media reports earlier Trump’s plan to create a crypto council, which would provide …
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