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The Daily Hodl 2025-01-17 19:41:47

President-Elect Donald Trump Plans a Crypto Executive Order on Day One of His Second Term: Report

President-elect Donald Trump is reportedly going to issue a crypto-related executive order during the first day of his new term. According to a new report by Bloomberg, anonymous people familiar with his plans say Trump is planning an executive order that will prioritize crypto-focused policymaking. The report says the order will likely name digital assets as a national imperative as well as create a crypto advisory council to promote the interests of the industry. The sources go on to say that Trump is also considering including a directive in the executive order that would instruct government agencies to review their crypto policies and possibly freeze all lawsuits involving digital assets. Trump is also considering creating a national Bitcoin ( BTC ) stockpile from the $20 billion worth of BTC the government has already compiled. However, the sources warn that the executive order – which is slated for Monday – isn’t finalized and may change before issued by Trump. As stated by Kara Calvert, vice-president for US policy at Coinbase Global, to Bloomberg, “What I think Donald Trump is going to do is signal that the United States is back and we are ready to lead in this industry. What it’s signaling to other countries is be careful, or you won’t keep up.” Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Featured Image: Shutterstock/Viktoria Kurpas The post President-Elect Donald Trump Plans a Crypto Executive Order on Day One of His Second Term: Report appeared first on The Daily Hodl .