📢 The crypto world is watching closely! Trump may issue an 'Executive Order on the Cryptocurrency Industry' on his first day in office!!

According to Reuters, President-elect Donald Trump is pushing his team to initiate the promised cryptocurrency policy reforms through an executive order when he takes office next month, aimed at helping to mainstream digital currencies.

Executive Orders: Trump plans to issue a series of executive orders on January 20, the first day of his presidency, covering multiple areas including immigration and energy.

Cryptocurrency Policy: He has promised to be the 'Cryptocurrency President,' establishing a Bitcoin reserve through an executive order to ensure the industry can access banking services and forming a cryptocurrency committee.

Rebecca Rettig, Chief Legal and Policy Officer at Polygon Labs, stated, 'Executive orders are very important as they will clarify the actual priorities for the first day and provide some sort of roadmap.'

The Bitcoin Policy Institute has drafted a possible text for the executive order, designating Bitcoin as a strategic reserve asset and requiring the Secretary of the Treasury to spend $21 billion within a year to accumulate the national Bitcoin reserve.

Bitcoin Price: Bitcoin has set a new record of over $107,000 this month, following Trump's reaffirmation of his strategic Bitcoin reserve plan.

Banking Services: Trump has stated that he will not let banks 'choke' cryptocurrency companies and will address this issue through an executive order.

Trump's cryptocurrency policy team has begun to take shape, with the announcement this month of pro-crypto Securities and Exchange Commission (SEC) Chairman Paul Atkins and White House Cryptocurrency Affairs Coordinator David Sacks.