Re: Washington Post: Trump to sign Day 1 executive order; host "crypto ball" on 1/17

Quote from: betswift on January 14, 2025, 08:00:33 AM

Quote from: Maslate on January 14, 2025, 07:38:58 AM

I see the same thing as @Don Pedro Dinero - it seems like you might’ve shared a different link, OP. I can’t scroll down either because it’s behind a subscription wall.

Anyway, if this is true, it’s a great sign that Trump is seriously considering not just Bitcoin but probably crypto in general. Well, he does have a project, so there’s a chance he might promote it too. Let’s see how this plays out.

We will check the aftermath of the OP's post pretty soon, so nothing to worry about there.
And in any case - this year should be bullish for Bitcoin, even if some events won't happen the way we envision / speculate them to be, the overall trend and sentiment would still be there.

not sure where the confusion is. another guy posted above the screenshot of the article. here it is pasted:

Sacks and members of the Trump transition team have been working closely with crypto leaders to finalize a legislative strategy, and Trump is expected to issue executive orders on the first day of his presidency that may address issues including de-banking and the repeal of a controversial crypto accounting policy requiring banks holding digital assets to count them as liabilities on the bank's own balance sheet, according to a person involved with the conversations.

"The Trump team has made it very clear that this is a priority," the person added.

Article literally says Trump will sign pro-crypto executive orders on Day 1. the materiality of this impact will be based on the sentiment from the broader market, but this is clearly a good sign for the industry.