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Author Topic: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS  (Read 2638 times)

Offline TomPluz

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Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« on: January 15, 2025, 05:45:29 AM »


Quote

President-elect Donald Trump could potentially sign off on crypto-friendly regulation via an executive order on his first day in office, according to a new report from the Washington Post.

According to a person “involved with the conversations,” Trump’s incoming crypto czar David Sacks and other insiders have been working with “crypto leaders” to create a legislative strategy that could end unfair treatment of the industry by banks and regulators.

According to the Washington Post, Trump could sign an executive order to address the issue of “debanking” – the political shutting down of crypto firms’ bank accounts – as well as repeal Staff Accounting Bulletin (SAB) 121, the government’s policy guideline that requires companies to list digital assets as liabilities on their balance sheets.



Taken from The Daily Hodl.

So on the very first day of the incoming Trump administration, a pro-crypto executive order can be coming that can help the cryptocurrency industry pave the way for more innovations and value. And this is just going to be the start for many more good things to come. With more pro-crypto people now working for Trump in the White House, we can surely expect a lot better treatment for this industry which we all deserve. We should be glad that Harris did not succeed in her quest to replace Biden as the president of the country...otherwise USA could be a laughing stock in the world stage and can put a lid for cryptocurrency's progress.








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Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« on: January 15, 2025, 05:45:29 AM »

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Offline electronicash

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #1 on: January 15, 2025, 07:40:33 PM »
Quote
Another person familiar with the plans told the Washington Post that various tech-friendly leaders will likely be “scattered all over the place” and appointed to different government agencies – including the White House, the Pentagon, the Department of Health and Human Services – to promote their agenda.

no wonder zucker mark is switching sides already about freedom of speech. he already was trying to act like Trump.  facebook were censoring post before but now Zuckerberg is telling they are now allowing any post which i guess Trump and him might just become  partner for crypto. Zuckerberg was trying to launch his token years ago, i guess this is the time for him to get back on Biden.

Trump prioritizing crypto is going to really pump up the entire market. we will find out if his words can really be trusted in the first day in office.

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #1 on: January 15, 2025, 07:40:33 PM »

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Offline Baofeng

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #2 on: January 15, 2025, 11:21:01 PM »
Quote
Another person familiar with the plans told the Washington Post that various tech-friendly leaders will likely be “scattered all over the place” and appointed to different government agencies – including the White House, the Pentagon, the Department of Health and Human Services – to promote their agenda.

no wonder zucker mark is switching sides already about freedom of speech. he already was trying to act like Trump.  facebook were censoring post before but now Zuckerberg is telling they are now allowing any post which i guess Trump and him might just become  partner for crypto. Zuckerberg was trying to launch his token years ago, i guess this is the time for him to get back on Biden.

Trump prioritizing crypto is going to really pump up the entire market. we will find out if his words can really be trusted in the first day in office.

Yeah, it's obvious by now, 4 days from him officially going into White House, just like at the price, from $92k-$97k-$100k.

I wouldn't be surprised if we see $100k before his inauguration and then we will have another set of FOMO that could put the price about $110k-$120k. I know that there are a lot of investors who doesn't like Trump, but it is what it is.

Love him or hate him, he will do good for Bitcoin and crypto while he is the US president.

Offline bitterguy28

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #3 on: January 16, 2025, 03:20:10 AM »

So on the very first day of the incoming Trump administration, a pro-crypto executive order can be coming that can help the cryptocurrency industry pave the way for more innovations and value. And this is just going to be the start for many more good things to come.
as you said this is only the start and with less than a week away from trump's inauguration we shall not wait any longer to see his promises and plans turn into actions and not just stay as meaningless words obviously this is good stuff already but this is only step one of many many more steps to come we are yet to see usa to be the most friendly country to crypto but this might mean that we are one step closer to seeing that happen
Quote
With more pro-crypto people now working for Trump in the White House, we can surely expect a lot better treatment for this industry which we all deserve.
very glad with the people that trump has appointed since they seem to have the background and interest in crypto that could well support him and his plans towards the crypto industry exciting things ahead!

Offline LogitechMouse

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #4 on: January 16, 2025, 10:48:56 AM »
---
I wouldn't be surprised if we see $100k before his inauguration and then we will have another set of FOMO that could put the price about $110k-$120k. I know that there are a lot of investors who doesn't like Trump, but it is what it is.

Love him or hate him, he will do good for Bitcoin and crypto while he is the US president.
Speaking of $100,000, it has reached that price yesterday when the SEC released the CPI. It reached $100,000, but now it went below it, but that's already a good sign. My previous resistance was at the $97,000, and as long as it maintains above it for the next couple of days, there's a chance that we might surpass $100,000 again and go above its next resistance which is the $102,000.

Speaking of Trump, I expect more moves like this in the future. Let's expect a crypto-friendly country like the US... or is it. :D I mean it's too early to say. Whatever the case is, I believe that any statement that comes from here after the inauguration will have an effect towards Bitcoin either positively or negatively.

Offline Z-tight

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #5 on: January 16, 2025, 10:16:33 PM »
I don't know how true this is, i am not so sure that Donald Trump will be thinking about crypto or BTC in his first day in office as the president of the U.S.. However, i hope i am wrong and he actually does this, Trump will be sworn in in a few days, so no need for so much speculation, we will witness what will happen soon.

Offline hugeblack

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #6 on: January 17, 2025, 12:36:55 PM »
I think The Daily Hodl has slightly edited the content of the article, as the text inside says "According to the Washington Post, Trump could sign an executive order to address the issue of “debanking” – the political shutting down of crypto firms’ bank accounts," so there is no guarantee that he will do that.


Many believe that Trump will make an impact from day one, let's see how that will happen.


https://dailyhodl.com/2025/01/14/president-elect-trump-expected-to-sign-pro-crypto-executive-order-on-first-day-of-presidency-report/



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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #6 on: January 17, 2025, 12:36:55 PM »


Offline NotATether

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #7 on: January 17, 2025, 03:28:09 PM »
no wonder zucker mark is switching sides already about freedom of speech. he already was trying to act like Trump.  facebook were censoring post before but now Zuckerberg is telling they are now allowing any post which i guess Trump and him might just become  partner for crypto. Zuckerberg was trying to launch his token years ago, i guess this is the time for him to get back on Biden.

Facebook is still slimy whether they are censoring posts or not.

The real problem is when Facebook tried to launch Libra and regulators essentially killed it by forcing them to implement too many frankenstein features and provide a long list of paperwork guarantees that the software wouldn't do X, Y, Z, and W.

Hopefully that sort of nonsense stops with the next administartion.
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Offline rdluffy

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #8 on: January 17, 2025, 09:10:53 PM »
I heard on a YouTube video, but I don't know which one now because someone else was watching it, that Trump was ready to sign dozens of decrees that are already in place

Many people think that it will take time for us to have more concrete news about cryptos because many things are happening at the same time, such as some conflicts, China, the dollar etc, and that only after that would cryptos be considered
But it seems that Trump's entire team is already working to get in and change a lot of things.

Looking forward to the 20th and the first week
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Offline Z-tight

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #9 on: January 17, 2025, 10:16:03 PM »
Many believe that Trump will make an impact from day one, let's see how that will happen.
Yeah, a lot of people believe that, but i am not sure about that, i don't believe that Trump will be concerned about BTC once he is sworn in, the U.S. must have other issues for him to put his focus to. Like you said, in a few days time, we will see what happens, we will see if all of that was just campaign promises and nothing else.

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #10 on: January 17, 2025, 10:20:53 PM »
So on the very first day of the incoming Trump administration, a pro-crypto executive order can be coming that can help the cryptocurrency industry pave the way for more innovations and value. And this is just going to be the start for many more good things to come. With more pro-crypto people now working for Trump in the White House, we can surely expect a lot better treatment for this industry which we all deserve. We should be glad that Harris did not succeed in her quest to replace Biden as the president of the country...otherwise USA could be a laughing stock in the world stage and can put a lid for cryptocurrency's progress.

I like all the necessary steps he is taking as a president who have some respect and regards to his campaign promised, he did says crypto is going to be welcome in his regime and he is already doing it but what is going to be the concern later. You know the government can be friendly and at the same time, tbe government can be frustrating to the people when they are not happy about something.

This people will want to bring regulations definitely, they will claim that it's to protect the users but it's always about them. They did everything in their stock companies. However, if the ecosystem of crypto is going to remain like this then I will support anything he agrees to do for crypto.
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Offline Baofeng

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #11 on: January 17, 2025, 11:25:02 PM »
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I wouldn't be surprised if we see $100k before his inauguration and then we will have another set of FOMO that could put the price about $110k-$120k. I know that there are a lot of investors who doesn't like Trump, but it is what it is.

Love him or hate him, he will do good for Bitcoin and crypto while he is the US president.
Speaking of $100,000, it has reached that price yesterday when the SEC released the CPI. It reached $100,000, but now it went below it, but that's already a good sign. My previous resistance was at the $97,000, and as long as it maintains above it for the next couple of days, there's a chance that we might surpass $100,000 again and go above its next resistance which is the $102,000.

Currently sitting now at $105k.

Speaking of Trump, I expect more moves like this in the future. Let's expect a crypto-friendly country like the US... or is it. :D I mean it's too early to say. Whatever the case is, I believe that any statement that comes from here after the inauguration will have an effect towards Bitcoin either positively or negatively.

Yes, this is the best time to be a Bitcoin enthusiast and see what positive move the US president will do in his term. Again, if he were able to push it as National reserve, it's going to be big and there are a lot of nations that will follow him.

And if that happens, who knows what will be the price in this bull run.

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #12 on: January 18, 2025, 03:35:24 AM »
I don't know how true this is, i am not so sure that Donald Trump will be thinking about crypto or BTC in his first day in office as the president of the U.S.. However, i hope i am wrong and he actually does this, Trump will be sworn in in a few days, so no need for so much speculation, we will witness what will happen soon.
there is a huge possibility he greenlights many of his promised crypto projects

if he so as much waits a whole week without mentioning crypto i think there is a possibility that investors lose their confidence in him and will start to question his intentions to cryptocurrency and its community we need to be patient but of course it is unavoidable for people to doubt

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #13 on: January 18, 2025, 10:21:56 AM »
An executive order on the first day in office will be superb for the crypto economy. In facts, its just few days to Donald Trump's inauguration, the market is already showing sign of a massive pumps, and if a pro crypto executive order is signed on his first day in office, Bitcoin and many altcoins will be on the moon.
Now, the waiting is getting to an end, obviously there is hope rising on this regime, can't wait to see the market blast off to  a Cex new records greater than the 2024.

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Re: Trump To Sign Pro-Crypto Executive Order on First Day as POTUS
« Reply #14 on: January 18, 2025, 03:40:18 PM »

Trump prioritizing crypto is going to really pump up the entire market. we will find out if his words can really be trusted in the first day in office.

Trump just displayed his power by shilling his own token; that results in a huge pump, so congratulations to those who invest early.
Trump is displaying his big influence this early; so many things are going to happen after Trump's inauguration so expect the unexpected.
We may reach unprecedented height with Trump's support on Cryptocurrency, so be ready with your money to pump your money on Bitcoin, but only invest what you can afford to lose.
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