On his first day in office, President Donald Trump signed several executive orders, but the cryptocurrency industry was notably absent from his agenda. This surprised many in the crypto community who had speculated that the sector might receive attention from the new administration. Prior to the inauguration, there were rumors that Trump might take bold steps regarding cryptocurrency, but none of these expectations were met. Some in the community expressed disappointment and criticized the lack of acknowledgment, particularly considering the financial contributions from the crypto industry to Trump's campaign and inauguration. However, despite the absence of crypto-related executive orders, some proponents remain optimistic for future developments. Tesla CEO Elon Musk reassured the public that Ross Ulbricht, founder of Silk Road, would eventually gain freedom. Crypto pundit Max Brown pointed out that a Trump-inspired project had invested heavily in crypto on the inauguration day, suggesting continued interest in the industry. Circle CEO Jeremy Allaire expressed confidence that Trump would soon sign an executive order enabling banks to trade, hold, and offer crypto investments.
Content Editor ( thecryptobasic.com )
- 2025-01-21
President Donald Trump Signs No Crypto Executive Orders on Day 1
