Crypto industry in US eyes possible day-one Trump executive orders
The crypto industry in the United States expects several executive orders from President-elect Trump on his first day in office, January 20, 2025.
A Strategic Bitcoin Reserve, improved banking access for crypto companies, and the creation of a crypto council to oversee sector regulations are some of the main proposals.
Trump's administration aims to position the United States as a leader in digital assets, with discussions already underway regarding potential orders to facilitate these initiatives.
The industry is eager for swift action, hoping to see significant regulatory changes within the first 100 days of Trump's presidency.
Analysts think these initiatives could transform the country into a global crypto leader, fostering a favorable regulatory environment that encourages institutional investment and innovation in digital assets.
The market is already reacting positively, with Bitcoin prices surging to record heights amid expectations of regulatory clarity and support from the incoming administration.
The second term of Donald Trump has the potential to significantly reshape the crypto landscape in the United States. Trump, who was first dubious of digital currencies, has now become an outspoken advocate, promising to turn the United States into the "crypto capital of the planet."
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