21 January 2025
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No Cryptocurrency Actions in Trump’s First 200 Executive Orders
US President Donald Trump signed over 200 executive orders on his first day, none of which addressed cryptocurrency or digital assets. David Bailey, CEO of Bitcoin Magazine, confirmed that their proposals were among these orders but expressed uncertainty about the outcomes.
Key points include:
- Trump focused on immigration, energy, and federal operations, reversing Biden's oil drilling restrictions and withdrawing from the Paris Climate Agreement.
- He granted TikTok an extension to find a US buyer, but no actions were taken to support the crypto industry.
- The crypto community expected early recognition or regulation of digital assets, which did not occur.
- Speculation continues regarding future attention to cryptocurrencies during Trump's presidency.
Concerns remain as advocates question why transformative digital assets were excluded from the agenda.