Editor's PiCK
Bloomberg: "Trump Likely to Prioritize Cryptocurrency in Policy Agenda"
Doohyun Hwang
Summary
- Trump reportedly plans to elevate cryptocurrency to a policy priority.
- He will establish a cryptocurrency advisory committee and issue an executive order to review policies and suspend related lawsuits.
- As a result, there is a possibility of increased volatility in cryptocurrency-related stocks and markets.
There are expectations that Donald Trump, the President-elect of the United States, will designate cryptocurrency as a policy priority immediately after taking office.
On the 16th (local time), Bloomberg, citing industry insiders, reported that "Trump plans to establish a cryptocurrency advisory committee right after his inauguration and elevate cryptocurrency to a policy priority."
An industry insider stated, "Additionally, an executive order will be issued to ensure the advisory committee's voice within the administration, allowing it to review policies on cryptocurrency and order the suspension of related lawsuits."
Doohyun Hwang
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