A possible crypto decree this week we will all agree that Trump’s latest announcements, especially those concerning the long -awaited crypto reserve, did not have the expected effect on the market. Despite this, the American president could soon try the experience.
According to sources close to the latter, Donald Trump is preparing to sign the cancellation of the ChokePoint 2.0 operation proposed by the Biden administration last year. As a reminder, it was intended to refuse banking services to crypto problematic companies. Consensys had, among other things, was the victim and had seen his accounts closed without possible negotiations. New: The Trump Administration is apparently preparing to sign an executive order that could rescind certain federal reserve police that has prevented crypto banks from accessing so-Called “master accounts.” This would be a big deal for crypto native banks like @custodiabank… (@Elean borer) March 10, 2025 According to the old administration, the program has never been put in place … at least officially. will meet today to cancel the regulations aimed at extending the tax declaration obligations of DEFI platforms. Doesn’t that remind you of something? New: The House is expected to vote forday to nullify the Irs Defi Broker Rule after the Resolution to Repeal It Pass The Senate Last Week 70-27. The Landslide Voting was fueled by Larger-Than-Expedted Support from Senate Democrats included @senschumer and @markwarner. Eleanor Terrett (@elean bondettt) March 11, 2025 a political maneuver more than anything else? By authorizing Crypto companies to take full advantage of banking services, Donald Trump plays the show again with the Fed. The latter had previously refused to grant master accounts to banks offering Crypto services. However, these allow transactions directly with the federal reserve but also better costs and guarantees. This initiative would be one more threat to the Fed, which Trump is looking to push. According to Anthony Pompliano, the president is trying to make him go in the direction he wants, in particular by bringing down the various markets. This would force Jerome Powell to lower interest rates. And who says low interest rate and uncertain markets, says new deadline to repay the American debt! The President and his team are intentionally crashing the market.is this a master plan or are we watching uncontrolled destruction?! Pic.twitter.com/tbc0m9rjxu— Anthony Pompliano (@apompliano) March 10, 2025 This Dupes game has a lot of support. Cathie Wood, the CEO of Ark Invest, also believes that these operations could allow a deflationary boom in the second half of 2025. But here too no magic, it will require that Trump exercises his program to the end … In our view, the market Today is discounting the Last Leg of A Rolling Receiver, Which Will Give The Trump Administration and the Powell Fed Many More Degrees of Freedom Than Investors Expect, Setting Up the Us Economy for A Deflationary Boom in the Second Half of This Year. Cathie Wood (@cathiedwood) March 10, 2025 The moral of history: the economy does not change with a crypto decree, except for Donald Trump. Notice of non-responsibility Non-responsibility notice: In accordance with the guidelines of The Trust Project, BEINCRYPTO undertakes to provide impartial and transparent information. This article aims to provide exact and relevant information. However, we invite readers to verify the facts of their own and consult a professional before making a decision on the basis of this content.
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