#DonaldTrump , the President of the United States, is expected to sign an important executive order related to cryptocurrencies on his first working day. This order aims to prioritize cryptocurrencies at a national level and includes the following key measures:
Formation of a Cryptocurrenc Advisory Council: This council will guide the government’s policies regarding cryptocurrencies.
Reduction of Regulations for Crypto Companies: The goal is to ease the operations of companies in the cryptocurrency sector and encourage innovation within the industry.
Elimination of Costly Accounting Requirements: This move will allow companies to hold digital assets with lower overhead costs.
Ending “Operation Choke Point 2.0”: This operation was accused of restricting crypto companies' access to traditional banking services.
These actions reflect a significant shift in the U.S. government’s approach to cryptocurrencies and are expected to foster growth and innovation in the industry.
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