President-elect Donald Trump is set to move back into the White House on Monday after he officially assumes office, kicking off a flurry of speculation about immediate crypto-relation action, such as support for a U.S. crypto reserve.
Benzinga talked to cryptocurrency experts, who are divided on the likelihood of immediate executive orders, but largely bullish on the near-term market outlook.
Will Trump Sign A Crypto Executive Order On Day 1?
The prospect of executive orders on day one is a source of debate among the experts, however, most agree that the move is highly probable in the near future.
Marcin Kazmierczak, co-founder & COO of Redstone, stated his view that any orders will likely emerge in the weeks following the inauguration, rather than on day one, due to the numerous pressing issues new administrations face.
Vijay Pravin Maharajan, CEO and Founder of bitsCrunch, however, suggests that decisive early action, such as executive orders, could be a strategic move for the incoming President to project an image of immediate success …
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