Industry calls for Trump to issue a pro-cryptocurrency executive order as a roadmap on his first day in office

Odaily reports that the US crypto industry expects that President-elect Trump will issue a pro-crypto executive order on his first day in office as a roadmap. Polygon Labs' Chief Legal and Policy Officer Rebecca Rettig said, "Given the tone of the campaign, the executive order must really lay out the actual priorities on day one and provide some kind of roadmap." Trump recently nominated Stephen Miran and Bo Hines, who support cryptocurrencies, to the Economic and Digital Assets Committee. Additionally, Trump has selected another cryptocurrency supporter, Paul Atkins, as the new chairman of the US SEC. The crypto industry has outlined key priorities they hope Trump will address through executive orders, starting with establishing a $21 billion Bitcoin national strategic reserve. However, some analysts believe the Bitcoin reserve plan is the least likely to materialize on the first day. Even if it is realized, it will only signal to institutional officials, not have legal force, as federal banking regulators are independent. Klaros Group partner Jonah Krane assessed, "They won't change policies on the first day. But they'll tell you where this administration wants to go." Another item on the crypto industry's list is making it easier for crypto companies to access US banking services, and Krane said he wouldn't be surprised if a broader executive order was issued on the first day, requiring agencies to re-examine their rules in this area. The final item is establishing a coordinating committee to promote the growth and regulation of the US crypto industry, with the first step being the nomination of David Sacks to lead crypto and AI regulation. Industry insiders believe these measures will send a strong signal to the market, cementing Trump's commitment to being the "crypto president." A spokesman for the Trump transition team said in a statement, "The bureaucratic swamp in Washington has long been trying to stifle innovation... but President Trump will fulfill the promise of encouraging America to take the lead in crypto."