The U.S. crypto industry anticipates that incoming President Trump will issue an executive order supporting crypto on his first day in office as a roadmap. Polygon Labs Chief Legal and Policy Officer Rebecca Rettig stated, "Given the campaign atmosphere, the executive order must truly clarify the actual priorities of the first day and provide some form of roadmap." Trump recently nominated crypto supporters Stephen Miran and Bo Hines to the Economic and Digital Assets Committee. Additionally, Trump has chosen another crypto supporter, Paul Atkins, as the new chair of the U.S. SEC. The crypto industry has outlined key priorities it hopes Trump will address through the executive order, with the first being the establishment of a national strategic reserve for Bitcoin valued at up to $21 billion. However, some analysts believe the Bitcoin reserve plan is the least likely executive order to materialize on day one. Even if it is realized, it would only signal to institutional officials and would not have the force of law, 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 stated that he would not be surprised if a broader executive order were issued on the first day requiring agencies to re-evaluate 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 the regulation of crypto and artificial intelligence. Industry insiders believe these measures will send a strong signal to the market, reinforcing Trump's commitment to becoming the "crypto president." Trump's transition team spokesperson Brian Hughes stated in a statement, "The bureaucratic swamp in Washington has been trying to stifle innovation... but President Trump will deliver on the commitment to encourage America to take a leadership role in the crypto space." (Reuters)

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