Solana Co-Founder Anatoly Yakovenko: Trump’s Crypto Order a “Scalpel” Cutting Through Regulatory Uncertainty

• Trump’s Bitcoin executive order provides regulatory clarity.
• There is a need for a stablecoin bill to allow banks to deposit and withdraw crypto.
• A crypto reserve will expose the industry to the risk of centralization.

Solana’s co-founder Anatoly Yakovenko thinks Donald Trump’s Executive Order on cryptocurrency has made crypto regulation clearer, but it’s not a government crypto bailout. Yakovenko called the Executive Order a “scalpel,” through the social media platform X saying it removed uncertainty around the crypto industry for the past four years.

Stablecoin Bill Still Needed, Says Solana Founder

At the same time, the well-known stakeholder pointed out the need for a stablecoin bill. According to Yakovenko, such a bill will guide banks and let them deposit and withdraw crypto.

Also, it would clarify the SEC’s rules …

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