The Crypto industry is desperate to see crypto action from US President Donald Trump, now a few days into his new presidency, but there has not yet been a confirmation of the White House as a executive order is pending.
However, it is not quite away from Trump’s radar because he mentioned the crypto industry at his address on Thursday to the World Economic Forum and says that an increase in household oil and gas production will ensure us to produce domination and make it “the world’s capital of artificial intelligence and crypto.
He still spent much more of the talk of talking about us AI obligations and did not mention digital assets again.
The sector will probably look closely at. 14:30 Eastern Thursday, when Trump is again scheduled to sign executive orders. The White House has already issued a comprehensive series of such orders. While not bearing the weight of the law, such directives can control the priorities of the federal government.
Trump is also scheduled to talk to crypto-related el Salvador president Nayib Bukele at 1 p.m. 3.30 pm, news that triggered another rally in Bitcoin’s award.
In other corners of the federal government, the Senate Bank Committee established its first subcommittee for digital assets on Thursday, with Wyoming Republican Cynthia Lummis running it with other crypto -related lawmakers. And Securities and Exchange Commission, recently led by Republican Mark Uyeda, announced a crypto -task force this week.