📢 Trump’s Inauguration Day: The North American Cryptocurrency Industry Urges the Signing of an Executive Order to Promote Development

U.S. President-elect Trump is set to take office on January 20 next year, and senior figures in the cryptocurrency industry are urging the Trump team to fulfill campaign promises by signing an executive order on his first day to improve cryptocurrency policy and help cryptocurrencies become mainstream.

🔹 Trump’s Plans:

Trump plans to issue a series of executive orders and directives on issues like immigration and energy on his inauguration day. The cryptocurrency industry hopes that Trump will sign an executive order to establish a Bitcoin reserve, ensure that the industry gains access to banking services, and set up a cryptocurrency committee.

🔹 Industry Expectations:

Rebecca Rettig, the legal and policy chief at cryptocurrency company Polygon Labs, stated that the executive order must become a practical priority on Trump’s inauguration day and provide some form of policy blueprint.

🔹 Recommendations from the Bitcoin Policy Institute:

The Bitcoin Policy Institute has drafted a potential text for an executive order that suggests designating Bitcoin as a strategic reserve asset for the United States and requires the U.S. Secretary of the Treasury to invest $21 billion within a year to establish a national Bitcoin reserve.

Zack Shapiro, policy director at the Bitcoin Policy Institute, pointed out that the U.S. should lead its geopolitical rivals in the monetization of Bitcoin, rather than allowing Bitcoin to surge under the absence of any reserves in the U.S.