Trump’s Executive Order Could Make U.S. A Global Crypto Hub

• President-elect Trump will sign an executive order on Jan. 20 prioritizing crypto policy and forming a federal Bitcoin reserve.
• The executive order aims to make the U.S. a global crypto leader, pausing litigation and addressing industry challenges.
• With a $20.3B federal Bitcoin reserve proposal, Trump’s crypto policy seeks to hedge inflation and support U.S. economic growth.

President-elect Donald Trump plans to sign an executive order on January 20 establishing cryptocurrency as a national priority. Bloomberg reported that the order will direct regulatory agencies to work more closely with the industry and create a dedicated crypto council to represent sector interests.

The planned executive order aligns with Trump’s campaign promise to make the U.S. a global “crypto capital.” Crypto executives have provided input to David Sacks, Trump’s appointed crypto czar, helping to shape the order’s contents and address key industry concerns.

The order could include several measures. A comprehensive regulatory review would direct government agencies to revise crypto policies toward a more supportive framework. The administration also plans to address “crypto de-banking,” where traditional financial institutions refuse services to crypto companies.

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One of the most notable proposals involves establishing a federal Bitcoin reserve using assets seized from criminal investigations. The U.S. currently holds approximately $20.3 billion in cryptocurrency, primarily Bitcoin. This initiative gains support from lawmakers like Senator Cynthia Lummis, who proposed legislation for the government to purchase 1 million BTC, valued around $101 billion at current prices.

The order may also pause ongoing crypto-related litigation, particularly cases without fraud allegations. Crypto advocates argue that federal Bitcoin holdings could serve multiple purposes, functioning as an inflation hedge while potentially helping address national debt concerns.  

The timing of this executive order, planned for Trump’s first day in office, shows the administration’s commitment to cryptocurrency policy reform. While final details remain under discussion, the order’s broad scope suggests a comprehensive approach to establishing U.S. leadership in the digital asset space.

The cryptocurrency sector in the United States could experience a positive outcome under Trump administration. This expectation is considering the promises made by Trump for fostering the crypto industry, and eventually his plan to make the U.S. a crypto hub.

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