Trump will sign crypto executive order on his day 1 of government, according to Reuters

The elected president of the United States, Donald Trump, will sign a crypto executive order on his first day in office. This information was confirmed to the Reuters agency by two sources close to the events. Thus, the promises for the cryptocurrency sector would be fulfilled early in the government of the Republican magnate.

According to the aforementioned report, at least one executive order will be signed on the first day. However, there was no precision on which particular ones will take priority. The sources state that there are three possible candidates, which are strategic reserves, the Cryptocurrency Council, and protected access to banking services for digital assets.

Additionally, the possibility that all three orders are signed on the same day is not ruled out. The latter would be a clear message to the financial sector and to the rest of the State that the White House is serious about the cryptocurrency matter. As is well known, some entities like the Federal Reserve have already shown signs of being conflicting elements against crypto plans.

In any case, the mere fact that Trump will sign some crypto executive order puts detractors on the ropes. During his campaign, the incorporation of Bitcoin into the strategic reserves of the United States was one of the biggest promises along with regulation.

Trump remains firm with the crypto sector

During the beginning of the Republican mandate, numerous executive orders will be signed on various topics. These range from immigration, energy, and other fundamental fields. Among these could be an executive order linked to the world of cryptocurrencies.

The sources detailed to Reuters that in case only one cryptocurrency executive order is approved, the others will not take long. In that sense, in the first 100 days of government, the two remaining ones would be approved, which would be the most conservative scenario.

So far, there is division