#Trump Signs Crypto Executive Order#
Hot Topic Overview
Overview
On his first day in office, President Trump signed several executive orders, but none mentioned cryptocurrencies, including Bitcoin and strategic reserves. Despite this, crypto policy leaders anticipate Trump will sign an executive order prohibiting the creation of a CBDC and establish a cryptocurrency commission. Additionally, there are reports that Trump may sign an executive order easing bank ownership of digital assets. It remains unclear when these executive orders may be signed. While Trump did not release any crypto-related executive orders on his first day, there are reports that an executive order regarding Bitcoin or cryptocurrencies may be among the first 200 he issues after his inauguration.
Ace Hot Topic Analysis
Analysis
On his first day in office, President Trump signed multiple executive orders, but none of them mentioned cryptocurrencies, including Bitcoin or strategic reserves. Although there were reports that Trump might sign an executive order on cryptocurrencies, including establishing a cryptocurrency commission and banning the creation of a Central Bank Digital Currency (CBDC), there is no confirmation yet. Some crypto policy leaders expect Trump to sign these executive orders in the coming days, but the exact timing is still unclear. Additionally, there are reports that Trump might sign an executive order easing banking ownership of digital assets. However, these reports are not officially confirmed yet and further information is needed.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
Trump's executive orders signed on his first day in office made no mention of cryptocurrencies, including Bitcoin and strategic reserves.
There were rumors that Trump would sign an executive order banning the creation of a central bank digital currency (CBDC) and establishing a cryptocurrency council.
Some crypto policy leaders expected Trump to sign an executive order that would allow banks to hold digital assets more easily.
Coinbase CEO believes that the US may introduce new cryptocurrency regulations during Trump's term, and legislation from Congress could unlock significant investment.