Trump Signs Historic Crypto Executive Order (& Vows To Make U.S. Crypto Capital Of The World)

On January 23, 2025, CrackHeadz on SOL @CrackheadzOnSol writes:

BREAKING: President Trump Signs Historic Crypto Executive Order!

Today marks a pivotal moment for the cryptocurrency industry in the U.S. as President Trump signs his first crypto-related executive order. Here's the scoop:

* National Priority: Crypto is now officially recognized as a national priority, signaling a major policy shift.

* Crypto Council: A new advisory council consisting of industry leaders will advise on policy, aiming to foster innovation and regulate with a lighter touch.

* Bitcoin Stockpile: Plans for a national digital asset stockpile, potentially including Bitcoin, are on the table. This could stabilize markets and secure America's position in the digital economy.

* Regulatory Pause: Litigation against crypto companies is expected to be paused, opening the door for growth and innovation without the overhang of legal battles.

* SEC Move: The SEC has announced a task force to develop a clearer regulatory framework for crypto assets, indicating a move away from enforcement-led regulation.

This executive order could be the catalyst for mainstream adoption and a new era of digital finance in the U.S.

Stay tuned for more details and impacts!

Source:
https://x.com/CrackheadzOnSol/status/1882539696212873655

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Donald Trump Reaffirms Commitment To Make The US The Crypto Capital

US President Donald Trump has reaffirmed his commitment to make the US the crypto capital of the world and has hinted at rate cuts.

By Boluwatife Adeyemi
CoinGape
January 23, 2025

https://coingape.com/donald-trump-reaffirms-commitment-to-make-the-us-the-crypto-capital/

Highlights:

• Donald Trump vowed to make the US the world capital of crypto while speaking at Davos.

• The president also hinted at cutting interest rates further.

• Bitcoin critic Peter Schiff took a dig at BTC following Trump's comments.

US President Donald Trump has again reaffirmed his commitment to making the US the world capital for crypto. The president also hinted at further rate cuts, which is bullish for the crypto market.

While addressing the World Economic Forum (WEF) at Davos, US President Donald Trump vowed to make the US the world capital of cryptocurrency and artificial intelligence (AI).

This again reaffirms the US president's commitment to the crypto industry in the country as he looks to create a regulatory-friendly environment for this sector, signaling a shift from what was obtainable under Biden's government.

Trump also called for immediate cutting of interest rates, which is bullish for the Bitcoin price and the broader crypto market. This undoubtedly provides some optimism for the market, especially considering that traders predicted there will be only one Fed rate cut this year.

Meanwhile, Donald Trump's recent statement is also timely, considering that the US president failed to talk about crypto in his inaugural speech. His administration also failed to mention crypto as a priority in a document sent to lawmakers.

However, crypto is evidently still a priority for Donald Trump's administration. Republican Senator Cynthia Lummis reaffirmed Congress' commitment to the crypto industry while revealing her appointment as the Chair of the Digital Assets Subcommittee.

The main focus of the Subcommittee will be to ensure that Donald Trump's promise of a Strategic Bitcoin Reserve becomes a reality. Lummis also proposed the Bitcoin Act, which will mandate the US to buy 1 million BTC over five years.

Bitcoin critic and renowned economist Peter Schiff used Donald Trump's speech as an opportunity to take a dig at the flagship crypto. Schiff noted that the US president mentioned crypto in his speech, not Bitcoin.

He added that Trump did not distinguish between Bitcoin and his own meme coin, TRUMP. In line with this, the economist remarked that the US president is likely referring to asset-backed crypto, something that may actually have value, rather than "fiat cryptos like Bitcoin that have none."

Despite Schiff's remarks, it is worth mentioning that Donald Trump's World Liberty Financial invested in Bitcoin, ETH, TRX, ENA, LINK, and AAVE amid the president's inauguration on January 20.

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See also:

Donald Trump @realDonaldTrump videos on this Rumble channel:
https://rumble.com/playlists/e-fclBYW3BE

CDBC, Bitcoin, Decentralized Systems, Financial Collapse
https://rumble.com/playlists/cyuwfGV_N0w

Other videos on my Rumble channel that deal with CBDCs (Central Bank Digital Currencies) and related topics:
https://rumble.com/playlists/cyuwfGV_N0w

A Quick Guide To Cryptocurrency
https://worldcouncilforhealth.substack.com/p/quick-guide-to-cryptocurrency