US President-elect Donald Trump plans to prioritize cryptocurrency as a national policy upon his inauguration. He is also considering creating a crypto advisory council to provide a supportive environment for industry insiders. Experts suggest that Trump may introduce executive orders on cryptocurrency, including de-banking and overturning a crypto accounting rule. The proposal recognizes the importance of the crypto sector to the US economy, given the country's significant debt. A draft executive order could require government agencies to assess their digital asset policies and pause ongoing crypto-related litigation. Additionally, a nationwide Bitcoin Reserve bill may be introduced following Trump's inauguration, with several states already working on their own versions. The news of the Bitcoin Reserve has boosted the momentum of Bitcoin, pushing its value above $100,000.
Content Editor ( cryptonewsz.com + 1 more )
- 2025-01-17
Donald Trump to Make Cryptocurrency a National Priority
