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Trump Reverses Biden’s Anti-Crypto Policies

In his first weeks back in office, President Donald Trump signed numerous executive orders, some of which made major federal power shifts. In contrast, others served as symbolic affirmations of his MAGA vision.

These moves reflect his effort to reshape the government, ensuring it aligns with his policy goals and operates under direct presidential oversight.

Since Donald Trump’s election victory in November, Bitcoin has repeatedly hit new all-time highs (ATH), surpassing $109,000. Trump attributes this surge to his pro-crypto policies, stating his administration is committed to making the U.S. the global leader in digital assets.

In January, he signed an executive order to establish a federal working group aimed at clarifying crypto regulations and ending previous hostility toward the industry. Trump also declared an end to “Biden’s war on Bitcoin and crypto.”

Washington now has its most crypto-friendly Congress ever, with key lawmakers working on comprehensive regulations.

Beyond policy, Trump has directly engaged with crypto markets, launching the TRUMP meme coin before his inauguration. Additionally, World Liberty Financial, a DeFi firm linked to his family, has accumulated over $348 million in various cryptocurrencies since he returned to office.

Image Credit: Pixabay

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