SEC rolls back controversial crypto accounting rule: CNBC Crypto World

On today’s episode of CNBC Crypto World, bitcoin trades flat after President Trump signs an executive order to explore a bitcoin stockpile. That order also bans the creation of a central bank digital currency, and looks to promote the use of dollar-backed stablecoins. Plus, Fiorenzo Manganiello of LIAN Group reacts to sweeping, pro-crypto changes at the SEC and discusses what the rise of memecoin trading means for crypto market volatility.