Trump Administration to Roll Out Crypto Orders on Day One
Seven days later, on January 20, 2025, Donald Trump will return to the White House.
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His inauguration is a much-anticipated event in the crypto world, with the community expecting clear regulations and significant market growth under Trump’s leadership.
However, there’s some uncertainty about the exact timeline for these regulatory changes, as implementing them is a complex process.
That said, there’s good news for crypto enthusiasts: according to a report by The Washington Post, Trump’s team plans to issue crypto-related executive orders on his first day in office. A source familiar with the plans revealed that the team has made it clear that crypto is a top priority in their governance strategy.
Venture capitalist Peter Thiel, known for his crypto investments, is expected to host Trump’s inauguration. Meanwhile, the crypto community will celebrate on January 17 with an event called the “Crypto Ball,” honoring the country’s first crypto-forward president.
Trump has previously stated his intention to make cryptocurrency and blockchain technology integral parts of the U.S. financial and technological future. In his words:
Bitcoin and crypto will skyrocket like never before, even beyond your expectations.
One of the standout proposals is the establishment of a National Bitcoin Reserve, a move aimed at positioning the U.S. as a leader in crypto adoption while bringing digital assets closer to the mainstream.
Another key focus is addressing “de-banking,” a practice where banks refuse to provide services to legitimate crypto companies. By ensuring these businesses have access to essential banking services, the administration hopes to drive innovation and foster growth in the blockchain sector.
High-profile tech leaders are helping shape these plans. Marc Andreessen has been advising Trump on tech and crypto policies, while David Sacks, the newly appointed AI and Crypto Czar, is working to support blockchain startups and decentralized finance (DeFi) platforms.
In addition, Trump announced that Elon Musk will co-lead the new Department of Government Efficiency (DOGE) alongside entrepreneur Vivek Ramaswamy.
Expectations for Trump’s presidency are running high, with investors and innovators eager to see how this new chapter unfolds.
The excitement has already begun to impact the market. Bitcoin’s price recently climbed, trading above $97,200 with a daily increase of 4.6%. The total crypto market cap has surpassed $3.3 trillion, with Bitcoin dominating 57% of the market.
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