In his first 100 days back in office, President Donald Trump has shaken up the U.S. cryptocurrency landscape!

Key Highlights:

- Strategic Bitcoin Reserve: Trump created a Strategic Bitcoin Reserve, amassing 198,000 bitcoins and other major cryptos like Ethereum and Solana. These holdings are meant to act as a digital Fort Knox, reserved for long-term financial security, not for quick liquidation.

- Crypto Task Force: A new working group, led by David Sacks, has six months to craft regulations on digital assets and stablecoins, signaling a more supportive government stance.

- No to CBDCs: Trump banned the creation of a U.S. central bank digital currency (CBDC), arguing that it could threaten privacy and control over individuals' finances.

- SEC Overhaul: Trump replaced SEC Chair Gary Gensler with Paul Atkins, a pro-crypto figure. The SEC also dropped lawsuits against major crypto players like Coinbase, Ripple, and Binance, opening the door for a friendlier regulatory environment.

- Bitcoin Mining Push: Trump deregulated parts of the energy sector to help make the U.S. the global hub for Bitcoin mining. His sons also invested in a mining firm, showing his administration’s commitment to the cause.

- DeFi & Stablecoins: Trump’s DT Marks DEFI LLC launched a $550 million DeFi project, World Liberty Financial (WLFI), which plans to issue a new stablecoin, USD1—further embracing the decentralized finance space.

- Trump Coin: To make his mark, Trump launched Official Trump (TRUMP), a cryptocurrency aimed at engaging his base and further integrating blockchain into his business ventures.

Market Impact: After these moves, Bitcoin surged to a record high of $110,000, though it later stabilized around $75,000 as broader economic factors took hold.

Trump’s first 100 days have set the stage for a crypto sea change, making the U.S. a serious player in the digital asset world. With these moves, he’s reshaping the future of finance and positioning the U.S. to lead in blockchain and crypto innovation.