Bitwise CIO Calls Crypto Executive Order a 'Historic Victory' for the Industry

Doohyun Hwang

Summary

Matt Hougan, Bitwise CIO, evaluated President Trump's cryptocurrency executive order as a historic victory for the industry.
The executive order establishes cryptocurrencies as a national priority and presents new regulations and visions.
David Sachs emphasized making the United States a cryptocurrency hub through this initiative.

Matt Hougan, Chief Investment Officer (CIO) of Bitwise, described President Donald Trump's signing of the cryptocurrency executive order as a "tremendous and historic victory for the industry."

On the 23rd (local time), Bloomberg reported that Hougan CIO stated, "This executive order establishes cryptocurrencies as a national priority and presents an aggressive vision for new regulations and strategic reserves," expressing this view.

David Sachs, the U.S. AI and Cryptocurrency Czar, said, "Under President Trump's leadership, we will make the United States a hub for cryptocurrencies," adding, "This will bring tremendous benefits to the country."