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US President Donald Trump Is About To Sign A New Cryptocurrency Executive Order, Insider Says – Here Are The Details

President Donald Trump plans to sign an executive order that could reverse Biden administration policies on cryptocurrency banking. The order may allow crypto banks access to the Fed's payment system and clarify that stablecoins are not securities. The order aims to roll back restrictions on banking services for crypto companies and could potentially change the Fed's stance on granting master accounts to crypto banks. However, the Fed is independent and its policies are not determined by the executive branch, which could pose legal challenges. The order is set to be finalized after discussions on potential legal challenges and would be the third crypto-focused order under President Trump.

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