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Coin Edition 2025-03-07 09:30:00

Solana Co-Founder Anatoly Yakovenko: Trump’s Crypto Order a “Scalpel” Cutting Through Regulatory Uncertainty

Solana Co-Founder Anatoly Yakovenko: Trump’s Crypto Order a “Scalpel” Cutting Through Regulatory Uncertainty

Trump’s Bitcoin executive order provides regulatory clarity. There is a need for a stablecoin bill to allow banks to deposit and withdraw crypto. A crypto reserve will expose the industry to the risk of centralization. Solana’s co-founder Anatoly Yakovenko thinks Donald Trump’s Executive Order on cryptocurrency has made crypto regulation clearer, but it’s not a government crypto bailout. Yakovenko called the Executive Order a “ scalpel ,” through the social media platform X saying it removed uncertainty around the crypto industry for the past four years. The bitcoin EO is a scalpel. There is no government crypto bail out, and it just further clears the regulatory uncertainty that’s been such a huge pia over the last 4 years. I don’t hate it. We need a stablecoin bill, guidance to let banks deposit and withdraw crypto, clear… — toly (@aeyakovenko) March 7, 2025 Stablecoin Bill Still Needed, Says Solana Founder At the same time, the well-known stakeholder pointed out the need for a stablecoin bill. According to Yakovenko, such a bill will guide banks and let them deposit and withdraw crypto. Also, it would clarify the SEC’s rules … The post Solana Co-Founder Anatoly Yakovenko: Trump’s Crypto Order a “Scalpel” Cutting Through Regulatory Uncertainty appeared first on Coin Edition .

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