Close Menu
Cryprovideos
    What's Hot

    HKMA and AIIB Join Forces to Propel Venture Capital in Emerging Asia

    June 27, 2025

    Fort Raises $1M To Convey Automated Bitcoin Treasury To Small & Medium-Sized Companies

    June 27, 2025

    Miners Are Again: Bitcoin Hashrate Sees Largest 1-Day Surge in Months

    June 27, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»President Trump Sidesteps Crypto on Day One – Decrypt
    President Trump Sidesteps Crypto on Day One – Decrypt
    Crypto News

    President Trump Sidesteps Crypto on Day One – Decrypt

    By Crypto EditorJanuary 21, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email



    President Trump Sidesteps Crypto on Day One – Decrypt

    President Donald Trump started his second time period, and crypto was notably absent from his administration’s listing of priorities, at the very least on day one.

    Neither his inaugural speech nor his preliminary “America First Priorities” government actions talked about digital belongings, a strategic Bitcoin reserve, or the overturning of the U.S. Securities and Alternate Fee’s (SEC) controversial rule “SAB 121,” because the crypto neighborhood had hoped for.

    Most manifestly, Trump has but to difficulty the long-awaited pardon for Ross Ulbricht, the controversial founding father of the Silk Highway market, who’s serving a double life sentence with out parole. 

    The omission of crypto-related actions dissatisfied proponents who had argued Trump would set up a presidential crypto council or announce plans for a Bitcoin reserve. 

    Bitcoin reached a historic excessive of $109,000 earlier than Trump’s inauguration and has since corrected to $102,000 following the president’s silence on crypto, dampening market optimism. 

    The value of the world’s largest crypto has rallied practically 50% since Trump’s election in November, pushed by expectations his administration will introduce favorable insurance policies to the crypto sector.

    As an alternative of specializing in crypto, Trump’s preliminary government orders targeted on conventional priorities comparable to withdrawing the U.S. from the Paris Local weather Accord and the World Well being Group, freezing federal hiring throughout most businesses, and dismantling programs that allowed migrants to schedule port-of-entry appointments. 

    The forty seventh U.S. President additionally directed federal staff to return to full-time, in-person work, displaying his stance in opposition to distant operations in authorities.

    Trump additionally didn’t act on Govt Order 14067, a Biden-era directive on digital belongings, drawing criticism from business leaders.

    Govt Order 14067 was seen as the inspiration of “Operation Chokepoint 2.0,” a coverage technique that allegedly led federal businesses to extend enforcement actions in opposition to crypto corporations. 

    The VanEck Digital Belongings division head, Matthew Sigel, particularly criticized Trump’s crypto czar, David Sacks, for failing to prioritize its repeal. 

    “It was a miss to not repeal EO 14067, which inspired each Biden company to pursue max enforcement [with respect to] digital belongings and led to … Chokepoint 2.0,” Sigel tweeted on Monday. 

    The absence of quick motion has left the crypto neighborhood in limbo. The optimism that when surrounded Polymarket’s betting odds on a strategic Bitcoin reserve creation inside Trump’s first 100 days has nosedived, crashing to a bleak 36%.

    These predictions adopted Trump’s marketing campaign rhetoric, the place he promised to combat in opposition to the “illegal and un-American crypto crackdown.”

    Trump’s marketing campaign rhetoric had painted him as a savior of the crypto business. He promised to finish the “Democrats’ warfare on crypto,” defend Bitcoin mining, shield self-custody rights, and switch the U.S. into a world chief in digital belongings.

    Edited by Sebastian Sinclair

    Each day Debrief E-newsletter

    Begin each day with the highest information tales proper now, plus unique options, a podcast, movies and extra.



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Coinbase US Perpetuals Are Arriving Subsequent Month as Inventory Soars to New Heights – Decrypt

    June 27, 2025

    Morgan Stanley Tasks 7 Curiosity Charge Cuts In 2026, Is A Parabolic Crypto Rally Incoming?

    June 27, 2025

    0.1 BTC Is Future American Dream, Says Binance’s CZ

    June 27, 2025

    Navigating World Crypto Regulation: A Complete Overview

    June 27, 2025
    Latest Posts

    Fort Raises $1M To Convey Automated Bitcoin Treasury To Small & Medium-Sized Companies

    June 27, 2025

    Miners Are Again: Bitcoin Hashrate Sees Largest 1-Day Surge in Months

    June 27, 2025

    How Trump Household, Hut 8, and Tether Quick-Monitor a New Period of Hyper-Scale Bitcoin Mining

    June 27, 2025

    0.1 BTC Is Future American Dream, Says Binance’s CZ

    June 27, 2025

    Kraken Launches Krak, A No-Price App To Use And Retailer Bitcoin And Crypto

    June 27, 2025

    Bitcoin (BTC) Treasury Information: Lingerie Preventing Championships Joins

    June 27, 2025

    Finest Crypto to Purchase Now as Laffont’s $5T Bitcoin Prediction Sparks Institutional Surge – CryptoDnes EN

    June 27, 2025

    UK Corporations Vinanz (LSE:BTC) and Smarter Net Add Bitcoin to Treasury Amid International Company Pattern

    June 27, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    PairsnCoins Critiques $BEST Token as The Greatest Crypto Pockets Presale to Purchase

    April 5, 2025

    Congressional Subcommittee to analyze Operation Chokepoint 2.0's affect on crypto

    February 3, 2025

    Crypto corporations urge Congress to rein in DOJ’s interpretation of cash transmission legal guidelines

    March 26, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.