President Trump has signed two crucial decrees concerning the cryptographic industry today. One is centered on the prevention of the gambling, while the other allows crypto-tassets to be included in retirement portfolios such as pensions or 401 (K).
These measures both seem likely to encourage new institutional investments in this sector.
Trump’s new decrees explained
Since his entry into office, President Trump has initiated a Pro-Crypto regulatory crusade, addressing many aspects of interest in the industry.
In particular, he has taken a firm position against the speaking of crypto, planning conclusive measures to prevent another taxation operation. Today, Trump has finally signed his executive decree on Crypto Debanking:
“Today, President Donald J. Trump has signed an executive decree to ensure that federal regulators did not promote policies and practices that allow financial institutions to refuse or restrict services in office …
Trump’s decree does not necessarily focus on the gambling of cryptography, but its text clearly alludes to industry -specific events such as the Choke Point 2.0 operation.
The order combines several previous directives, such as the abolition of reputation risk directives, in parallel with new measures. It also aims to restore previous individuals and companies and prevent similar actions.
President Trump has signed several decrees in a session, including another of particular relevance for the crypto. As the White House has reported it beforehand, federal policy will now allow crypto in retirement plans like 401 (K) s and pensions.
These developments seem likely to stimulate other institutional investments in this sector.
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