Home Fear & Greed Pools Wallets Dictionary Advertise Facebook Twitter Telegram Reddit Youtube
Market Cap:
24h Vol:
Cryptocurrencies: 12450
Markets: 96130
CoinInsight360.com logo CoinInsight360.com logo
ENG
EST
RUS
TUR
DEU
CHI
KOR
ITA
USD
USD
AED
AFN
ALL
AMD
ANG
AOA
ARS
AUD
AWG
AZN
BAM
BBD
BDT
BGN
BHD
BIF
BMD
BND
BOB
BRL
BTN
BWP
BYN
BZD
CAD
CDF
CHF
CLF
CLP
CNH
CNY
COP
CRC
CUC
CUP
CVE
CZK
DJF
DKK
DOP
DZD
EGP
ERN
ETB
EUR
FJD
FKP
GBP
GEL
GHS
GIP
GMD
GNF
GTQ
GYD
HKD
HNL
HRK
HTG
HUF
IDR
ILS
IMP
INR
ISK
JMD
JOD
JPY
KES
KGS
KHR
KMF
KPW
KRW
KWD
KYD
KZT
LAK
LBP
LKR
LRD
LSL
LYD
MAD
MDL
MGA
MKD
MMK
MNT
MOP
MRU
MUR
MVR
MWK
MXN
MYR
MZN
NAD
NGN
NIO
NOK
NPR
NZD
OMR
PAB
PEN
PGK
PHP
PKR
PLN
PYG
QAR
RON
RSD
RUB
RWF
SAR
SBD
SCR
SDG
SEK
SGD
SHP
SLL
SRD
SSP
STD
STN
SVC
SYP
SZL
THB
TJS
TMT
TND
TOP
TRY
TTD
TWD
TZS
UAH
UGX
UYU
UZS
VES
VND
VUV
WST
ZAR
ZMW
ZWL
A company that is changing the way the world mines bitcoin

WallStreet Forex Robot 3.0
Market Cap
24h Vol
12450
Cryptocurrencies
55.82%
Bitcoin Share
BitcoinSistemi 2025-01-22 19:42:09

Why Donald Trump Isn’t Announcing Expected Cryptocurrency Orders? Industry CEO Makes Relieving Statement

Why Donald Trump Isn’t Announcing Expected Cryptocurrency Orders? Industry CEO Makes Relieving Statement

Circle CEO Jeremy Allaire expressed confidence in the regulatory and executive actions that could significantly impact the cryptocurrency industry in the coming period. Speaking at a recent event, Allaire predicted that the controversial Staff Accounting Bulletin No. 121 (SAB 121) would be repealed and executive orders would be issued on crypto-related matters. SAB 121, issued under the Biden administration, has created challenges for public companies and financial institutions by imposing strict accounting rules for cryptocurrencies. Allaire noted that the bulletin was seen as “punitive” by the industry, particularly for banks and companies seeking to hold or store crypto assets. “Banks need clarity and companies need clarity so they can hold crypto assets on their balance sheets and provide custody without punitive measures,” Allaire said. He noted that repealing SAB 121 would alleviate these challenges, make the financial system more crypto-friendly, and unlock broader institutional participation in digital assets. Related News: Is a Civil War Starting in Ethereum: One of the Main Developers Left, a Second Foundation was Established! Is XRP and Solana Danger Coming for ETH? Allaire is also expecting new executive orders from Trump regarding cryptocurrencies, signaling that the regulatory landscape could soon change. While the president’s inaugural address did not explicitly mention crypto, Allaire expressed optimism that crypto would be prioritized on the administration’s agenda. “We will begin to see regulatory action, Congress and the White House,” he said. The potential repeal of SAB 121 and the imposition of administrative orders could pave the way for greater institutional adoption of crypto, with Allaire noting that these actions would align with efforts to make capital markets friendlier to digital assets and improve regulatory clarity. At the World Economic Forum in Davos, Allaire discussed the growing momentum for crypto-friendly policies, particularly among Republican leadership and key industry players. He believes addressing these regulatory issues will unlock new opportunities for the financial sector and drive the next wave of crypto adoption. *This is not investment advice. Continue Reading: Why Donald Trump Isn’t Announcing Expected Cryptocurrency Orders? Industry CEO Makes Relieving Statement

Most Read News



Cryptohopper
hardware wallets, hardware , wallets, Crypto Currency, Cryptocurrency hardware wallets, Crypto Apparal, crypto wallet, Cryptocurrency wallets

Market Cap
24h Vol
55.82%
Bitcoin Share
823
Today News
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.