Donald Trump took office as the 47th U.S. president on Monday, delivering an inaugural address that excluded any mention of digital assets. His first-day executive actions also omitted cryptocurrency policies despite earlier reports suggesting he might prioritize crypto with measures like establishing a crypto council or addressing crypto de-banking. Trump signed several executive orders following his inauguration but omitted crypto or a Bitcoin reserve. The White House touted Trump’s “America First Priorities,” which focus on energy independence, public safety, and government reform, with no explicit crypto initiatives mentioned. Bitcoin dropped nearly 6% from its record high of $109,000 after the inauguration, while Trump-related memecoins faced steep losses.
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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Donald Trump took office as the 47th U.S. president on Monday,
00:05delivering an inaugural address that excluded any mention of digital assets.
00:10His first day executive actions also omitted cryptocurrency policies,
00:13despite earlier reports suggesting he might prioritize crypto with measures
00:17like establishing a crypto council or addressing crypto debanking.
00:21Trump signed several executive orders following his inauguration,
00:24but omitted crypto or a Bitcoin reserve.
00:27The White House touted Trump's America First priorities, which focus on energy independence,
00:31public safety, and government reform, with no explicit crypto initiatives mentioned.
00:36Bitcoin dropped nearly 6% from its record high of $109,000 after the inauguration,
00:41while Trump-related meme coins faced steep losses.