US crypto industry eyes possible day-one Trump executive orders

Contributing sentiments towards policy:

63% : Trump plans to issue a flurry of executive orders and directives on everything from immigration to energy on his first day in office on Jan. 20, Reuters reported this month.
61% : Bitcoin, the world's largest cryptocurrency, hit new records above $107,000 this month after Trump reiterated his plan, first unveiled in a speech in July, for a strategic bitcoin reserve.
55% : On the campaign trail, Trump courted crypto cash with promises to be a "crypto president," and the industry wants him to make good on that pledge with executive orders creating a bitcoin stockpile, ensuring the industry can access banking services, and creating a crypto council, the people said.
52% : "There has been an effort in the Washington bureaucratic swamp to stifle innovation... but President Trump will deliver on his promise to encourage American leadership in crypto," Trump transition team spokesperson Brian Hughes said in a statement.
44% : One industry group, the Bitcoin Policy Institute, has gone as far as to draft a text of a potential executive order Trump could use to establish such a stockpile.
41% : Analysts are divided on whether Trump could use executive powers to create the reserve, potentially via the Treasury Department, or whether an act of Congress would be necessary.
36% : "Trump has also said he'll create a crypto industry council and his team is discussing how to structure and staff it.
24% : Trump also said in July that he would not let banks "choke" crypto firms out of the traditional financial system, and some executives expect he will also try to address that issue with an executive order.
22% : More broadly, Trump could also try to address crypto complaints that existing regulations are not fit for the industry with an executive order articulating core principles for crypto regulation, similar to an order Trump issued in 2017 directing regulators to review banking rules.
6% : Worried about crime and volatility, President Joe Biden's regulators cracked down on crypto companies, but Trump has pledged to reverse course.

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