US Crypto Industry Calls for Bold Executive Orders Under Trump Administration

The cryptocurrency sector is calling on President-elect Donald Trump to deliver swift and decisive action to overhaul the U.S. crypto policy landscape. With his inauguration set for January 20, industry advocates are pushing for executive orders that could revolutionize the space and propel digital assets into the mainstream.

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Industry Push for Executive Orders on Day One

The crypto industry has high hopes for Trump’s first day in office, with key proposals centered around regulatory clarity and support for innovation. Advocates are calling for executive orders to establish a Bitcoin reserve, improve banking access for crypto companies, and create a national crypto council to guide policy development.

Creating a Strategic Bitcoin Reserve

One of the most ambitious proposals is the establishment of a U.S. Bitcoin reserve. Industry leaders argue that a strategic reserve would secure the nation's position in the digital economy and ensure preparedness for global competition in cryptocurrency adoption.

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Some experts believe this initiative could be implemented through executive action, while others suggest congressional approval may be necessary. Regardless, proponents emphasize the importance of acting quickly to avoid losing ground to international rivals.

Improving Access to Banking for Crypto Firms

Access to traditional banking services has been a persistent challenge for crypto companies. Banks often hesitate to work with the industry due to regulatory concerns. Advocates urge the new administration to issue directives ensuring fair access to banking, fostering collaboration between financial institutions and compliant crypto firms.

Such measures would provide much-needed support to crypto businesses, driving growth and innovation across the sector.

National Crypto Council to Guide Policy

Another key initiative under discussion is the creation of a national cryptocurrency council. This council would serve as a bridge between industry leaders and regulators, fostering dialogue and ensuring that policies are aligned with the needs of the evolving digital economy.

By addressing outdated regulations and promoting collaboration, the council could help create a supportive environment for blockchain and crypto development in the U.S.

Charting a Clear Path for Crypto Regulation

The crypto industry has long called for regulatory clarity to eliminate uncertainty and encourage investment. Executive orders from Trump could set out core principles for crypto regulation, striking a balance between fostering innovation and maintaining safeguards against misuse.

Such an approach would reflect Trump’s broader commitment to reducing regulatory burdens and supporting economic growth through emerging technologies.

Trump’s Crypto Policy Could Define the Industry’s Future

With the potential for bold action on day one, Trump’s administration has an opportunity to reshape the U.S. crypto landscape. By delivering on campaign promises and enacting thoughtful policies, the new administration could position the U.S. as a leader in blockchain innovation and digital asset adoption.

Industry stakeholders are optimistic but emphasize the need for immediate and decisive action. If Trump fulfills his pro-crypto vision, the sector could drive economic growth, technological advancement, and global competitiveness for years to come.

Also Read: Bitcoin Posts First Weekly Drop in Months Amid Fed Rate Hikes