President Trump did not sign crypto-related executive orders on Day 1. Crypto prices slumped after Donald Trump’s swearing-in as U.S. President. Analysts remain hopeful about crypto-friendly policies in the future. On his first day in office, U.S. President Donald Trump signed several executive orders. However, none addressed the cryptocurrency industry, leaving market participants wondering about the administration’s stance. According to journalist Eleanor Terrett, crypto leaders are optimistic about potential policies under Trump’s leadership. Expectations for a Crypto Council and CBDC Ban In a recent post on X, Terrett noted that industry leaders anticipate Trump signing an executive order to establish a cryptocurrency council. Another expected order could prohibit the creation of a Central Bank Digital Currency (CBDC) in the United States. Despite these expectations, Terrett mentioned it remains unclear when such actions might occur. NEW: In addition to signing an executive order establishing a crypto council, #crypto policy leaders are also expecting Trump to sign an EO banning the creation of a CBDC. Unclear when exactly those EOs may be sign… The post Crypto Prices Tumble as President Trump Sidesteps Action on Day 1 appeared first on Coin Edition .
