According to industry officials, the cryptocurrency sector is pushing President-elect Trump's team to launch the promised cryptocurrency policy reforms and issue executive orders to help mainstream tokens when he takes office next month.

Reuters reported this month that Trump plans to issue a series of executive orders and directives on his first day in office, covering various areas from immigration to energy.

During the campaign, Trump promised to become the "crypto president," and the industry hopes he will fulfill this promise by creating a Bitcoin reserve through executive orders, ensuring the industry can access banking services, and establishing a cryptocurrency committee.

Two other informed sources stated that the industry hopes Trump will sign these executive orders within his first hundred days in office and expects at least one to be issued by January 20.

Rebecca Rettig, Chief Legal and Policy Officer at crypto company Polygon Labs, said, "Given the themes of the campaign, the executive orders must clearly articulate the actual priorities on the first day in office and provide some kind of roadmap."

Brian Hughes, spokesperson for Trump's transition team, stated in a statement, "The bureaucratic quagmire in Washington has been working to stifle innovation... but President Trump will deliver on his promise to encourage America to take the lead in the crypto space."

Analysts have differing views on whether Trump can use executive power to establish a Bitcoin reserve or whether it must be done through Congressional legislation.

The industry organization Bitcoin Policy Institute even drafted a potential text for an executive order. A draft text seen by Reuters shows that the proposal would designate Bitcoin as a strategic reserve asset and require the Treasury Secretary to accumulate a national Bitcoin reserve at a rate of $21 billion each year.

Zack Shapiro, Policy Director at the Bitcoin Policy Institute, stated that the U.S. should lead in the monetization of Bitcoin relative to geopolitical competitors, "rather than allowing prices to rise without any reserves in the U.S." He declined to disclose whether the organization shared the draft with Trump's team.