Since taking office on January 20, Donald Trump has taken important steps in the cryptocurrency sector, including the establishment of a national Bitcoin reserve and pardoning several individuals in this field.
Creation of the National Bitcoin Reserve
One of Trump's most significant decisions has been the signing of an executive order for the establishment of a National Bitcoin Reserve in the US, which demonstrates a positive approach towards cryptocurrencies at a high level of government.
Pardons of Crypto Investors
Trump has also signed several pardons for notable figures in the crypto industry, including the co-founders of BitMEX and Silk Road founder Ross Ulbricht.
Pardon Request from CZ
Binance founder Changpeng Zhao (CZ) recently confirmed in a statement that he formally requested a pardon from Trump through his lawyers. While he previously denied reports about his requests, CZ believes that this is a normal practice and will wait for any possible response.
Trump's actions in the cryptocurrency realm are drawing significant attention and discussion within the industry. Expectations regarding further pardons and other steps continue to grow.
