Bloomberg: Trump’s proposed executive order may establish a cryptocurrency advisory committee

Bitget App

Trade smarter

Cointime2025/01/18 07:00

By:Cointime

Bloomberg revealed that due to market rumors that Donald Trump may soon issue an executive order to prioritize cryptocurrency, Bitcoin rose again on Friday. It is said that Trump may announce the establishment of the cryptocurrency advisory committee he promised before in his executive order, giving the cryptocurrency industry a voice in his government. Investors expect any statements from the new government next week to push up Bitcoin prices and possibly set new highs, but Wall Street warned that although Congress and the White House will support cryptocurrencies by 2025, this will support innovation in the industry and asset categories, but the market may take some time to feel the impact.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Share link:In this post: Panama City council voted in favor of becoming the first public institution of government to accept payments in cryptocurrencies. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, and USDT. The city partnered with a bank that will receive crypto payments and convert them on the spot to U.S. dollars, allowing for the free flow of crypto in the entire economy.

Cryptopolitan•2025/04/16 19:45