DAVOS, Switzerland : Circle CEO Jeremy Allaire expects U.S. executive orders "imminently" from incoming President Donald Trump, which he said could allow banks to trade crypto, offer crypto investments to wealthy clients and hold it in portfolios.Circle is the issuer of the USDC stablecoin, a digital toke

Circle's Jeremy Allaire has criticized an SEC rule that he says creates financial disincentives for banks to adopt or hold crypto

Circle CEO Jeremy Allaire expects President Trump to issue executive orders repealing SEC rule SAB 121, which currently prevents banks from holding cryptocurrency on their balance sheets.