No Crypto in Trump’s First-Day Executive Orders: “They’re Coming Too,” Says David Bailey
On his first day in office, newly inaugurated U.S. President Donald Trump signed several executive orders, but none were related to Bitcoin or cryptocurrencies. This left the crypto community eager for updates.
Crypto World Awaits Presidential Action
David Bailey, CEO of Bitcoin Magazine and one of the key advocates who influenced Trump’s views on Bitcoin, reassured the community in a tweet:
> “Our decrees are coming too. I verified this evening that crypto-related actions are included in the first 200 executive orders. Good news is on the way…”
Executive Orders Signed by Trump
While cryptocurrency-related measures are still pending, Trump addressed several other pressing matters:
Congressional Pardons: Trump pardoned 1,500 supporters involved in the 2021 Congressional incident.
Paris Climate Agreement Exit: The U.S. officially withdrew from the Paris Climate Agreement.
Oil Drilling Restrictions Revoked: Trump reversed Biden-era restrictions on oil drilling, emphasizing energy independence.
TikTok Deadline Extension: TikTok was granted a 75-day extension to continue operations in the U.S. while its parent company, ByteDance, negotiates with an American buyer.
Crypto Community Remains Hopeful
Though absent from Trump’s initial actions, cryptocurrency advocates remain optimistic about upcoming policies. As Bailey hinted, Bitcoin-related measures may soon make their way into Trump’s executive agenda.