DAVOS, Switzerland (Reuters) - Circle CEO Jeremy Allaire expects U.S. executive orders "imminently" from President Donald Trump, which he said could allow banks to trade crypto, offer crypto investments to wealthy clients and hold it in portfolios.

Circle CEO Jeremy Allaire is predicting that US executive orders from newly inaugurated President Donald Trump could be issued “imminently,” potentially opening the door for banks to engage in cryptocurrency trading,

Circle CEO Jeremy Allaire expects Trump’s executive order to ease crypto regulations for banks, despite concerns over SEC’s SAB 121 rule.

Circle CEO expects President Donald Trump to issue pro-crypto executive orders for easing regulations and accelerating adoption of crypto in US

Trump has vowed to be a "crypto president" and is anticipated to issue executive orders focused on easing crypto regulations and encouraging the widespread adoption of digital assets. Circle issues the USDC stablecoin,