President-elect Donald Trump is expected to issue executive orders related to crypto policies on his first day in office, according to a Washington Post report. The incoming executive actions target crypto regulations, and aim to shield cryptocurrency investors from what Trump labels the “Washington bureaucratic swamp.”
The first crypto executive order will establish a presidential crypto council that will involve some 20 industry leaders, according to a source. Trump ally Sen. Cynthia Lummis, R-Wyo., has said she will push for a Bitcoin reserve, although Trump has not been vocal about it recently.