Regulation
Donald Trump’s Administration Fails To Mention Crypto As Top Priority: Details
Pro-crypto Donald Trump’s administration has hit the ground running by outlining the top priorities as the pro-crypto President takes office. Interstingly, there is no mention of crypto in no mention of crypto as a top priority in the document sent to Republican lawmakers.
Donald Trump’s Administration Fails To Mention Crypto As Top Priority
As seen in a Punchbowl News report, Donald Trump’s administration failed to mention crypto as a top priority in a recent document sent to Republican lawmakers.
This has come as a surprise to members of the crypto community, considering the crypto promises that the pro-crypto president had made prior to his election victory in November last year.
This includes his promise to create a Strategic Bitcoin Reserve once he takes office. Trump had also promised to free Silk Road founder Ross Ulbricht on his first day in office. Meanwhile, there was also the belief that the pro-crypto president would immediately address issues regarding Operation Chokepoint.
Donald Trump also failed to mention anything regarding crypto during his first address as president following his Presidential inauguration today at the Capitol Rotunda.
This development has raised concerns among crypto investors, who were bullish on the market due to pro-crypto policies, which Trump was expected to announce immediately after taking office.
Coingape had reported that the pro-crypto president had planned to make crypto a national priority starting today. There was also a report that Trump’s government will greenlight crypto trading for banks.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto news writer and editor who has covered topics that cut across DeFi, NFTs, smart contracts, and blockchain interoperability, among others. Boluwatife has a knack for simplifying the most technical concepts and making it easy for crypto newbies to understand. Away from writing, He is an avid basketball lover and a part-time degen.
Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.
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