The U.S. crypto industry expects that incoming President Trump will issue an executive order supporting cryptocurrency on his first day in office, serving as a roadmap. Polygon Labs Chief Legal and Policy Officer Rebecca Rettig stated: "Given the campaign atmosphere, the executive order must clearly articulate the actual priorities for day one and provide some kind of roadmap." Trump recently nominated Stephen Miran and Bo Hines, who support cryptocurrency, to the Economic and Digital Assets Committee. Additionally, Trump appointed another cryptocurrency supporter, Paul Atkins, as the new chairman of the U.S. SEC. The cryptocurrency industry has outlined key priorities it hopes Trump will address through the executive order, starting with establishing a national strategic reserve of Bitcoin valued at up to $21 billion. However, some analysts believe that the Bitcoin reserve plan is the least likely executive order to materialize on day one. Even if it were to happen, it would only signal to institutional officials rather than have legal effect, as federal banking regulators are independent. Klaros Group partner Jonah Krane assessed: "(They) will not change policy on day one. But they will tell you which direction this administration wants to go." Another item on the crypto industry's list is to make it easier for crypto companies to access banking services in the U.S., which is different from the Bitcoin reserve. Krane indicated that he would not be surprised if a broader executive order was issued on day one, requiring agencies to reexamine their rules in this area. The final item is to establish a coordinating committee to promote the growth and regulation of the U.S. crypto industry. The first step is to nominate David Sacks to lead crypto and AI regulation. Industry insiders believe these measures will send a strong signal to the market, reinforcing Trump’s commitment to becoming the "crypto president." Trump transition team spokesperson Brian Hughes stated in a statement: "The bureaucratic swamp in Washington has been trying to stifle innovation... but President Trump will fulfill his commitment to encourage American leadership in the crypto space." (Reuters)

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