Trump's First 100 Days: A Revolutionary Crypto Policy Agenda

The cryptocurrency industry is urging President-elect Donald Trump to implement a crypto policy overhaul through executive orders. Industry insiders want Trump to establish a bitcoin reserve, ensure crypto firms can access banking services, and create a crypto council, amidst ongoing concerns about crime and market volatility.

The cryptocurrency industry is calling on President-elect Donald Trump to swiftly launch his proposed crypto policy overhaul through executive orders after taking office. Industry insiders hope these initiatives will help integrate cryptocurrencies into the mainstream economy.

On the campaign trail, Trump pledged to be a 'crypto president,' and stakeholders want him to fulfill that commitment by initiating policies that would secure banking access for crypto firms, create a bitcoin stockpile, and establish a crypto council within his first 100 days. The industry is particularly eager for these orders to come into effect as soon as his term begins.

While analysts debate the feasibility of Trump's plans, the industry remains hopeful. They argue that recognizing bitcoin as a strategic reserve asset could give the United States leverage over its geopolitical rivals. However, some policymakers are skeptical about the effectiveness of such executive orders, given the independence of federal bank regulators.

(With inputs from agencies.)