Trump Expected to Sign Executive Order Designating Crypto as National Priority

01/17 01:28

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US President-elect Donald Trump is expected to sign an executive order designating crypto as a national priority, potentially creating a crypto council to advocate for the industry's policy wishes. The order could be signed on Jan. 20, Trump's first day back as president, but it is subject to change. Trump is known for his support of the crypto industry, having promised to make the US a "crypto capital" during his campaign. The order could also include directives for government agencies to review their crypto policies and freeze crypto-related litigation. Additionally, crypto advocates have suggested that the US hold a reserve of Bitcoin to act as an inflation hedge and ease the nation's debt.

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