#Trump Signs Crypto Order#
Hot Topic Overview
Overview
President Trump signed several executive orders on his first day of his second term, but he did not mention cryptocurrency, including Bitcoin or the strategic reserve. While there were rumors that Trump might sign an executive order on cryptocurrency, such as allowing banks to trade cryptocurrency or overturning the Securities and Exchange Commission's Staff Accounting Bulletin 121, these rumors ultimately did not materialize. Nevertheless, some crypto policy leaders still expect Trump to sign an executive order prohibiting the creation of a central bank digital currency (CBDC), as well as an executive order establishing a cryptocurrency commission, but the timing remains unclear.
Ace Hot Topic Analysis
Analysis
Here are the main points of analysis regarding Trump's signing of a crypto order:Firstly, despite rumors that Trump would sign an executive order on cryptocurrency on his first day in office, it did not materialize. While some sources have indicated that Trump may sign a related order in the coming days, there is no concrete information yet.Secondly, regarding the content of the crypto order Trump may sign, there are currently two main speculations: one is to allow banks to hold digital assets more easily, abolishing the SEC's Staff Accounting Bulletin (SAB 121), and the other is to ban the creation of a central bank digital currency (CBDC).Thirdly, although Trump did not mention cryptocurrency in his inauguration speech, some crypto policy leaders remain optimistic about Trump's crypto policies and expect him to sign related executive orders.Overall, current analyses of Trump signing a crypto order are still in the speculative stage, with specific content and timing remaining unclear. However, it is certain that cryptocurrency has caught the attention of the Trump administration and more policies on cryptocurrency may emerge in the future.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump could sign an executive order making it easier for banks to own digital assets and support cryptocurrencies.
Trump could sign an executive order banning the creation of a central bank digital currency (CBDC).
Trump could sign an executive order establishing a cryptocurrency commission.
Trump could sign an executive order repealing the U.S. SEC's Staff Accounting Bulletin (SAB 121).