Absence of Trump Crypto Order Amps Industry Tension as He Fails to Mention in Speech
The crypto industry is eager for President Donald Trump's action on a pro-digital assets executive order, but his recent speech at the World Economic Forum focused more on artificial intelligence rather than crypto. Although Trump briefly touched upon the crypto industry, praising domestic oil and gas production as keys to U.S. dominance in manufacturing and AI, there was no substantial commitment to digital assets. The White House has a signing session for executive orders scheduled, but no confirmations regarding crypto-related orders were available at that time. Following the speech, Bitcoin prices reacted to news of Trump’s upcoming discussion with El Salvador’s crypto-friendly President Nayib Bukele. As the regulatory landscape evolves, the Senate Banking Committee has begun focusing on crypto-friendly legislation, alongside the newly established crypto task force at the SEC. The market remains on edge as industry stakeholders are keenly awaiting any clear direction from Trump's administration regarding digital asset policies.
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