Trump's First 100 Days as Crypto President: From Bitcoin Reserve to SEC Shakeup
U.S. President Donald Trump has focused on crypto during his first 100 days in office, issuing several executive orders and actions that align with the interests of the crypto community. Key actions include pardoning Silk Road founder Ross Ulbricht, banning U.S. agencies from launching central bank digital currencies, and establishing a U.S. Strategic Bitcoin Reserve to be filled through asset forfeiture. Trump hosted a White House Crypto Summit, marking the first such event by a sitting president, and appointed Paul Atkins as SEC Chairman, expected to reduce federal oversight of digital assets. Additionally, Trump signed a law overturning an IRS rule that imposed traditional broker reporting requirements on decentralized finance platforms, marking a significant pro-crypto legislative action.
