Day One Crypto Shake-Up: Trump Plans to Scrap Crypto Liability Rule 🇺🇸
President-elect Donald Trump is poised to impact the cryptocurrency landscape significantly on his first day in office. Reports suggest he plans to repeal the SEC's SAB 121, a move that could transform how banks handle cryptocurrencies.
By overturning this rule, banks may soon be able to classify cryptocurrencies as assets instead of liabilities. This shift could signal a broader pro-crypto policy approach in the United States under Trump's administration.
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Wall Street Leaders Give Trump’s Economic Policies Dismal Ratings, Sparking Concerns for Cryptocurrency
Strategy May Have Doubled Bitcoin Holdings Since Trump Election Amid Pro-Crypto Policy Shifts
