As Donald Trump prepares to return to the White House on January 20th, many are wondering what his stance will be on the world of cryptocurrency. During his previous term as President, Trump did not make any significant moves towards regulating or supporting the crypto industry. However, with the recent surge in popularity and value of cryptocurrencies, it is possible that Trump may take a different approach this time around.

One area that Trump could potentially address through executive orders is the issue of de-banking for crypto-related businesses. In the past, many banks have refused to provide services to companies involved in the buying, selling, or trading of cryptocurrencies. This has caused major roadblocks for these businesses, making it difficult for them to operate and grow. By issuing executive orders, Trump could potentially force banks to provide equal services to all businesses, regardless of their involvement in the crypto world.

Another area that Trump may focus on is the accounting policies for banks when it comes to cryptocurrencies. Currently, banks are required to report any transactions involving cryptocurrencies as cash transactions, which can be a burden for both the banks and their customers. Trump could potentially change this policy, making it easier for banks to handle crypto-related transactions and encouraging more widespread adoption of cryptocurrencies.

While it is uncertain what actions Trump will take regarding cryptocurrency, one thing is for sure: his decisions will have a significant impact on the future of the industry. With his return to the presidency, the crypto community is eagerly awaiting any potential changes or regulations that may come. Will Trump be a friend or foe to the world of cryptocurrency? Only time will tell, but one thing is certain: the crypto world will be watching closely.