Is Trump about to unleash a wave of crypto executive orders?
On Monday, President Donald Trump was sworn in as the 47th president of the United States. Speculation is running high that he could roll out crypto-focused executive orders later in the day — potentially delivering on long-awaited demands, such as creating a national bitcoin strategic reserve or eliminating capital gains taxes on crypto.
At the time of writing, bitcoin is currently trading near $102,000. Ahead of the inauguration, bitcoin set a new all-time price high above $109,000, demonstrating anticipation that a Trump presidency might push it even higher with news of pro-crypto policies.
Earlier last year, Trump campaigned on promises to turn the U.S. into the “crypto capital” of the world and to retain crypto innovation at…