President Trump Four Cryptocurrency Related Executive Orders
- President Trump has made four Executive Orders Regarding Cryptocurrency which you should know about.
Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve
STRENGTHENING AMERICAN LEADERSHIP. IN DIGITAL FINANCIAL TECHNOLOGY
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By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to promote United States leadership in digital assets and financial technology while protecting economic liberty, it is hereby ordered as follows:
Section 1. Purpose and Policies. (a) The digital asset industry plays a crucial role in innovation and economic development in the United States, as well as our Nation’s international leadership. It is therefore the policy of my Administration to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy, including by:
(i) protecting and promoting the ability of individual citizens and private-sector entities alike to access and use for lawful purposes open public blockchain networks without persecution, including the ability to develop and deploy software, to participate in mining and validating, to transact with other persons without unlawful censorship, and to maintain self-custody of digital assets;
(ii) promoting and protecting the sovereignty of the United States dollar, including through actions to promote the development and growth of lawful and legitimate dollar-backed stablecoins worldwide;
(iii) protecting and promoting fair and open access to banking services for all law-abiding individual citizens and private-sector entities alike;
(iv) providing regulatory clarity and certainty built on technology-neutral regulations, frameworks that account for emerging technologies, transparent decision making, and well-defined jurisdictional regulatory boundaries, all of which are essential to supporting a vibrant and inclusive digital economy and innovation in digital assets, permissionless blockchains, and distributed ledger technologies; and
(v) taking measures to protect Americans from the risks of Central Bank Digital Currencies (CBDCs), which threaten the stability of the financial system, individual privacy, and the sovereignty of the United States, including by prohibiting the establishment, issuance, circulation, and use of a CBDC within the jurisdiction of the United States.
***The rest of the order is available at this [Link}((https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/)
Per Investopedia Important Landmark Bitcoin Events Occurred
- Bitcoin rose to a new all-time high of more than $109,000 ahead of the inauguration of U.S. President-elect Donald Trump on Monday.
- Spot bitcoin ETF inflows neared $1 billion on Friday, as crypto investor optimism about the incoming Trump administration has been building.
President Trump has vowed to be the most Crypto Friendly President in History
President Trump names SEC Commissioner Mark Uyeda as Mark Uyeda Acting Chief of the SEC
-Trump named SEC Commissioner Mark Uyeda Acting Chief of the SEC Tuesday and Uyeda quickly announced he was launching a new crypto task force to set the SEC on a "sensible regulatory path". Trump has promised to create a US bitcoin stockpile and enact industry-friendly rules that make it easier for crypto companies to access the broader financial market.
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President Trump signs executive order establishing Cryptocurrency Working Group on Digital Assets.
- President Trump signed an executive order Thursday establishing a working group on digital assets led by David Sacks, the White House czar for artificial intelligence (AI) and cryptocurrency. The working group is tasked with proposing a federal regulatory framework for digital assets, as well as considering whether to create a national digital asset stockpile.
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President Trump appoints David Sacs the White House Czar for Artificial Intelligence the head of the Cryptocurrency Working Group
- President Trump appoints David Sacs the White House Czar for Artificial Intelligence the head of the Cryptocurrency Working Group is tasked with proposing a federal regulatory framework for digital assets, as well as considering whether to create a national digital asset stockpile.
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President Donald Trump Pledges to hold on to all seized Bitcoin
- Trump Pledges To Protect U.S. Bitcoin While Lummis Proposes Bold Strategic Reserve.
- Bitcoin can only be acquired through three methods: mining, purchasing, or seizure.
- Currently, the U.S. government holds a substantial amount of bitcoin, believed to have been acquired primarily through seizures linked to criminal cases. Agencies like the FBI, IRS, and Secret Service frequently seize bitcoin and other digital assets as part of criminal investigations. Yet, only the U.S. Marshals Service has the authority to sell these assets.
- Wyoming Senator Cynthia Lumis wrote a letter to the US Marshalls office asking them to freeze any Bitcoin Sales until Presdent Trump acts on the Bitcoin Strategic Reserve.
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If you will ask me, I am really optimistic about the positive effect that the Donald trump tenure will have on the crypto space
I am optimistic too.
I am hoping for an altcoin bull market soon too.
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This is a big development in crypto and after this order signing the road for Bitcoin reserve is clear. Things are getting exciting in cryptocurrency now
Yes things are pretty exciting for sure.
It has been a long road from 2013 to today, and while change has occurred slowly over time, it suddenly seems to be happening rapidly this year.
Now if only we will get an altcoin bull market!