Despite Trump's friendly stance on cryptocurrency since taking office in January, his overall performance in the early days of his administration has faced severe criticism. SkyBridge Capital founder Anthony Scaramucci recently stated that the first 95 days of Trump's presidency have been "the worst 95 days in modern presidential history." (Background: Trump’s first 100 days rated poorly! Approval rating below 40%, the worst for a US president in 80 years. Has the tariff war truly made America great again?) (Additional context: Over a hundred universities go to war against Trump! Harvard sues: Government severely infringes on 'academic independence.' What has Trump done?) Unlike the heroic image of calling to "Make America Great Again" after surviving a shooting last year, President Donald Trump officially marked his first 100 days in office this week, having taken office on January 20. However, a series of his policies continue to spark widespread controversy: from the global tariff war to the launch of his personal meme coin $TRUMP, the doubts and insults from the public have been overwhelming. Many are now questioning whether Trump can fulfill his campaign promises regarding economic recovery and the cryptocurrency industry. Significant Events in Cryptocurrency During Trump's First 100 Days Trump's economic policies have had a noticeable impact on the overall market, but it cannot be denied that he has indeed made moves in the cryptocurrency field. The Trump administration has already implemented several policies supporting cryptocurrency, including establishing Bitcoin reserves and appointing pro-cryptocurrency officials, consistent with his campaign promise to "make America the world’s cryptocurrency capital." Although his personal meme coin project has sparked controversy in the industry, some of his policies are still seen as beneficial. Below is a summary of Trump’s actions during his first 100 days in office, particularly in the cryptocurrency realm: January 20: On inauguration day, his family investment company WLFI launched a token, sparking enthusiasm but raising doubts due to the token's non-transferability. January 20: Trump appointed pro-cryptocurrency leaders to head the SEC and CFTC. January 21: Announced a $500 billion "Stargate" AI infrastructure investment plan, led by OpenAI and SoftBank, expected to create 10,000 jobs. January 21: Trump announced a pardon for Ross Ulbricht, founder of Silk Road 2.0, fulfilling his campaign promise to the cryptocurrency community. January 23: Signed an executive order banning a Central Bank Digital Currency (CBDC) in the US and established a task force to promote the US as the "world’s cryptocurrency capital." February 1: Implemented comprehensive tariffs on Canada, Mexico, and China, leading to a sharp decline in stock and cryptocurrency prices and initiating a trade war. February 12: Engaged in a prisoner exchange with Russia, releasing money laundering convict Alexander Vinnik in exchange for American teacher Marc Fogel. March 7: Signed an executive order to establish a "strategic Bitcoin reserve" and digital asset reserves covering Bitcoin, Ethereum, and more. March 7: The White House hosted a cryptocurrency summit with industry leaders, including Coinbase CEO Brian Armstrong, to discuss regulation and development. March 25: WLFI launched the stablecoin USD1, which received $500 million in funding but sparked ethical investigations due to potential conflicts with Trump's influence over stablecoin policy. April 2: Announced a "Liberation Day," imposing a minimum 10% reciprocal tariff on all trading partners, causing a market-wide decline and significantly increasing costs for cryptocurrency miners. April 25: Announced a dinner for TRUMP coin holders, sparking calls for impeachment, with Democratic Senator Jon Ossoff labeling this a "high crime." SkyBridge Capital founder: Trump has gone too far. However, while Trump has indeed pushed for the development of the US cryptocurrency sector, the Wall Street hedge fund SkyBridge Capital, which holds a friendly view of cryptocurrency, has seen its founder Anthony Scaramucci recently make sharp criticisms of Trump in an interview with Cointelegraph (Scaramucci served as White House Communications Director for 11 days in 2017, setting the record for the shortest term in US history). He bluntly stated that the first 95 days of Trump’s presidency have been "the worst 95 days in modern presidential history." Scaramucci pointed out that Trump’s global trade war has caused significant short-term impacts on the cryptocurrency market, with prices fluctuating sharply due to macroeconomic uncertainty, and rising electronics prices making it difficult for Bitcoin miners to maintain profitability… Scaramucci warned, "Trump has taken everything too far; even stablecoin legislation has become harder to advance." Related Reports: Can’t manufacture iPhones domestically? Financial Times: The cruel reality of the Asian supply chain is waking Trump from his dream. Trump states "ban Congress members from trading stocks," public questions: How does issuing Trump coin fit in? How legendary is the US Secretary of Commerce’s life? Over 70% of employees led the company to rebirth after 9/11, becoming the most hated person on Wall Street after becoming Trump’s buddy. "Trump’s first 100 days fully embracing cryptocurrency, but SkyBridge Capital founder criticizes: the worst three months in modern presidential history." This article was originally published on BlockTempo (the most influential blockchain news media).

#SEC #CBDC