After inauguration of President Trump Bitcoin price is on edge, as markets await anticipated Trump crypto executive order and FOMC.
President Trump pushes a new executive order every day. In fact, he’s been cranking out executive orders like a factory assembly, but crypto remains the only uninvited guest at the party.
Bitcoin also took the main stage at Davos 2025 as sharp tempers flared over its role in shaping the future economy. Trump’s unapologetically pro-crypto stance set off a ripple effect of arguments, so is a Bitcoin Reserve still going to happen?
New Executive Order: Bitcoin’s Role as a Reserve Asset Faces Criticism
While crypto loyalists applauded Trump’s bullish take on Bitcoin, many world leaders don’t think it’s a good idea.
In Davos, Switzerland, for the World Economic Forum, South African central bank head Lesetja Kganyago shot it down with the finesse of a seasoned skeptic. Sharing a panel with some of crypto’s biggest names, he mocked the idea of Bitcoin in national reserves. “Gold had the gold standard. Bitcoin now? What’s next? Platinum? Or a strategic stash of apples and beef?”
The governor of the South African central bank scoffs at the idea of a strategic Bitcoin reserve asking, “Why not a strategic beef reserve? Why not an apple reserve? Why Bitcoin?!”
Brian Armstrong responds: pic.twitter.com/36LXDUxP5g
— Sam Callahan (@samcallah) January 21, 2025
Kganyago didn’t mince words when addressing what he called the industry’s creeping “regulatory capture,” a thinly veiled dig at lobbying efforts. “If money controls the rules, regulation fails,” he said, warning governments against letting crypto cash hijack impartiality.
On the flip side, Coinbase’s Brian Armstrong struck a hopeful tone. He praised Trump’s decisive push toward mainstreaming crypto, calling it a monumental moment. “When the top economy on the planet publicly backs crypto, you can’t underestimate the impact,” Armstrong said. He called Trump’s aim to create a Bitcoin reserve a bold but achievable step.
Strategic Bitcoin Reserve Executive Order Sparks Debate
Trump’s pitch for a Bitcoin reserve has rippled through financial circles. Announced during his 2024 campaign, the plan paints Bitcoin as a modern counterpart to gold in U.S. strategic reserves—a radical gamble on reshaping traditional finance.
Though his inaugural address skipped over crypto entirely, rumors from his inner circle insist the project is far from shelved. “Plans for a Bitcoin reserve are alive and well,” Coinbase CEO Brian Armstrong told the crowd at Davos, sparking fresh speculation about when the idea might come to life.
But the crypto world remains split. Some hail Trump’s influence for breathing new life into the market, while skeptics flag the dangers of speculation and question the ethics of government meddling in decentralized assets. With crypto-friendly officials now in key regulatory roles and a growing appetite for blockchain innovation, Trump’s administration might flip the entire table over.
Trump Crypto Influence 2025 Gains Traction
The debates at Davos have made one thing clear—crypto’s grip on global finance is no passing phase.
Trump’s pro-crypto policies are already reshaping the narrative, but whether they’ll trigger the industry’s next meteoric rise or hit the wall of resistance is still up for grabs.
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