LEAKED: Donald Trump To Issue Crypto Executive Order on First Day in Office (XRP & Bitcoin)

Altcoin Daily

Introduction to Crypto News

President-elect Donald Trump is expected to issue executive orders related to crypto policies on his first day in office, as reported by the Washington Post.

Trump's Crypto Holdings

Donald Trump owns a significant amount of Bitcoin and Ethereum, with the value of his Bitcoin holdings increasing substantially since his initial investment.

Executive Order Details

The executive order is expected to cover crypto debanking and repeal a bank accounting policy that requires banks holding crypto to list the digital assets as liabilities, effectively repealing SAAB 1-21 and ending Operation Choke Point 2.0.

Impact on Bitcoin

According to Michael Saylor, three factors can explode Bitcoin's value:

  1. Spot Bitcoin ETFs
  2. Fair value accounting
  3. Banks being able to custody Bitcoin Repealing SAAB 1-21 is one of these factors and could lead to a significant increase in Bitcoin's value.

XRP and Solana ETFs

A report by JPMorgan states that Solana and XRP ETFs may attract billions in new investment, with projected net assets of $3-6 billion for Solana and $4-8 billion for XRP.

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