Crypto industry insiders in the US are hopeful that President-elect Donald Trump will issue pro-crypto executive orders as soon as his first day in office. They see his administration as an opportunity to reverse regulatory crackdowns and foster innovation. The industry's key priorities for these executive orders include the establishment of a national strategic reserve of Bitcoin (BTC), making it easier for crypto firms to access banking services, and the creation of a coordinated council to foster the growth and regulation of the crypto industry in the US. Trump's nominations of pro-crypto individuals to economic and digital assets councils, as well as the appointment of a pro-crypto chairman for the US Securities and Exchange Commission (SEC), have given further hope to crypto advocates.
- Content Editor ( cryptoslate.com )
- 2024-12-24
Trump’s pro-crypto pledge could see day-one executive orders, industry players hope