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📅 July 3, 7:00 – July 9,
Donald Trump and New Term Executive Orders: Will Bitcoin Get Attention?
After a grand inauguration ceremony, President Donald Trump signed a series of orders, attracting great attention from both at home and abroad. However, the cryptocurrency community, which had been expecting a breakthrough, has not seen any signs of decisions related to Bitcoin or cryptocurrencies. In that context, a statement from David Bailey, CEO of Bitcoin Magazine, has sparked new hope. "Our orders are coming" David Bailey, known for being one of the people who convinced Trump about the importance of Bitcoin and cryptocurrencies, shared on Twitter that developments related to cryptocurrencies will appear in the first 200 orders of this term. He wrote: "Tonight, I have confirmed that some important information about cryptocurrency is in the first 200 orders. I can't disclose specific details, but good news is coming..." This statement has caused a stir in the cryptocurrency community. Although the specific content has not been disclosed, David Bailey's confident speech has raised expectations for White House support for cryptocurrency policies. Signed orders In addition to Bitcoin, Trump has focused on controversial and influential issues. The executive orders signed include: Amnesty for 1,500 supporters in the 2021 Capitol riot The shocking events of 2021 have sparked much controversy. In his first decree, Trump decided to pardon 1,500 individuals accused of involvement, which is seen as a move to strengthen loyalty from close voters. Withdrawal from the Paris Agreement on climate change Trump strongly opposed the Paris Agreement in his previous term, and this time he continues to express that view. He emphasized: "We will not let international agreements bind the economic development of the United States." Repeal the oil drilling restrictions imposed by Joe Biden Trump signs executive order to allow oil drilling "as much as possible," to boost the energy industry and reduce dependence on imported energy. Extends TikTok's operations in the US for an additional 75 days. ByteDance, the parent company of TikTok, will have more time to work with US partners to ensure data security standards. This is seen as a move to ease tensions between the Chinese government and technology companies. The future of cryptocurrency under Trump Although there has been no official order related to Bitcoin, the statement from David Bailey has opened up optimistic prospects for the cryptocurrency community. If the related orders are actually issued, this could be a major step forward, bringing legalization and stronger development to this market. Will Bitcoin take a prominent position in Trump's economic policy? Let's wait for further actions from the White House. DYOR! #Write2Earn #Write&Earn $BTC {spot}(BTCUSDT)