{"id":38233,"date":"2025-03-11T17:00:41","date_gmt":"2025-03-11T14:00:41","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=38233"},"modified":"2025-03-11T15:23:23","modified_gmt":"2025-03-11T12:23:23","slug":"trump-plans-to-issue-a-new-cryptocurrency-executive-order","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-plans-to-issue-a-new-cryptocurrency-executive-order\/","title":{"rendered":"Trump Plans to Issue a New Cryptocurrency Executive Order!"},"content":{"rendered":"<p data-start=\"418\" data-end=\"822\"><strong data-start=\"418\" data-end=\"444\">President Donald Trump<\/strong> is preparing to sign a new executive order aimed at reversing regulations implemented during the Joe Biden administration, which made it difficult for crypto companies to access banking services. According to sources familiar with the matter who spoke to <em data-start=\"700\" data-end=\"709\">Decrypt<\/em>, the executive order will directly target the restrictions placed on the crypto sector under Biden\u2019s leadership.<\/p>\n<p data-start=\"824\" data-end=\"1077\">This new directive from Trump is expected to explicitly roll back the measures introduced as part of \u201c<strong data-start=\"926\" data-end=\"954\">Operation Chokepoint 2.0<\/strong>.\u201d This alleged initiative by the Biden administration aimed to block banking services for crypto companies and executives.<\/p>\n<hr \/>\n<p data-start=\"1079\" data-end=\"1368\"><strong><em>You Might Be Interested In: <a href=\"https:\/\/coinengineer.net\/blog\/elon-musk-talks-about-the-name-of-a-new-memecoin\/\">Elon Musk Talks About the Name of a New Memecoin!<\/a><\/em><\/strong><\/p>\n<hr \/>\n<p data-start=\"1079\" data-end=\"1368\"><strong data-start=\"1079\" data-end=\"1091\">Bo Hines<\/strong>, Executive Director of the White House\u2019s Presidential Working Group on Digital Assets, confirmed to <em data-start=\"1192\" data-end=\"1201\">Decrypt<\/em> that an administrative process is underway, although he declined to provide further details. Hines stated, \u201cI think the industry can expect something in short order.\u201d<\/p>\n<p data-start=\"1370\" data-end=\"1730\">Hines also emphasized that the Trump administration is determined to end all practices associated with <strong data-start=\"1473\" data-end=\"1501\">Operation Chokepoint 2.0<\/strong>. The term was coined by <strong data-start=\"1526\" data-end=\"1540\">Nic Carter<\/strong>, a partner at <strong data-start=\"1555\" data-end=\"1581\">Castle Island Ventures<\/strong>, referencing the original \u201c<strong data-start=\"1609\" data-end=\"1634\">Operation Choke Point<\/strong>\u201d initiated during the <strong data-start=\"1657\" data-end=\"1673\">Barack Obama<\/strong> era, which targeted payday lenders and firearms dealers.<\/p>\n<hr \/>\n<p data-start=\"1370\" data-end=\"1730\"><em>You can also freely share your thoughts and comments about the topic in the comment section. Additionally, don\u2019t forget to follow us on our\u00a0<a href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Telegram,\u00a0<\/strong><\/a><a href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"nofollow noopener\"><strong>YouTube<\/strong><\/a>,\u00a0and\u00a0<a href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\"><strong>Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<a title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\">news<\/a>\u00a0and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>President Donald Trump is preparing to sign a new executive order aimed at reversing regulations implemented during the Joe Biden administration, which made it difficult for crypto companies to access banking services. According to sources familiar with the matter who spoke to Decrypt, the executive order will directly target the restrictions placed on the crypto<\/p>\n","protected":false},"author":28,"featured_media":37866,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,657,2],"tags":[12690,9323,10356,2957,12686,12689,2797,4672,2846,5760,10125,1730,12691,3752,12279,1711,12692,12688,12693,12694],"class_list":["post-38233","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-en","category-news","tag-banking-restrictions","tag-blockchain-news","tag-bo-hines","tag-castle-island-ventures","tag-central-bank-policies","tag-crypto-banking","tag-crypto-companies","tag-crypto-regulations","tag-crypto-sector","tag-digital-assets","tag-digital-economy","tag-donald-trump","tag-executive-order","tag-federal-reserve","tag-financial-regulations","tag-joe-biden","tag-nic-carter","tag-operation-chokepoint","tag-us-crypto-laws","tag-white-house-policies"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Plans to Issue a New Cryptocurrency Executive Order! - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-plans-to-issue-a-new-cryptocurrency-executive-order\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Plans to Issue a New Cryptocurrency Executive Order! - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"President Donald Trump is preparing to sign a new executive order aimed at reversing regulations implemented during the Joe Biden administration, which made it difficult for crypto companies to access banking services. 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