Washington, D.C. (Jan. 17, 2025)—Independent Community Bankers of America (ICBA) President and CEO Rebeca Romero Rainey today released the following statement on reports that President-elect Donald Trump is planning to issue an executive order on digital assets.
“As President-elect Donald Trump considers new policies on digital assets, ICBA and the nation’s community banks strongly encourage the incoming administration to ensure regulatory clarity for banks.
“A level regulatory playing field between the banking and crypto sectors as well as clear rules for permissible crypto-related products and services will support a more secure environment for consumers and the financial system.
“Ensuring effective digital assets regulation is a critical piece of ICBA’s ‘Repair, Reform, and Thrive’ plan and our recent open letter to the 119th Congress. ICBA and community bankers nationwide look forward to working with the incoming Trump administration to ensure sound crypto regulations that promote financial stability, mitigate risks to consumers, and address national security risks.”
About ICBA
The Independent Community Bankers of America® has one mission: to create and promote an environment where community banks flourish. We power the potential of the nation’s community banks through effective advocacy, education, and innovation.
As local and trusted sources of credit, America’s community banks leverage their relationship-based business model and innovative offerings to channel deposits into the neighborhoods they serve, creating jobs, fostering economic prosperity, and fueling their customers’ financial goals and dreams. For more information, visit ICBA’s website at icba.org.