{"id":35653,"date":"2025-01-28T17:30:46","date_gmt":"2025-01-28T14:30:46","guid":{"rendered":"https:\/\/coinengineer.net\/blog\/?p=35653"},"modified":"2025-01-28T16:28:35","modified_gmt":"2025-01-28T13:28:35","slug":"trump-fulfilled-6-of-the-8-promises-he-made-in-the-crypto-world-here-are-the-rest","status":"publish","type":"post","link":"https:\/\/coinengineer.net\/blog\/trump-fulfilled-6-of-the-8-promises-he-made-in-the-crypto-world-here-are-the-rest\/","title":{"rendered":"Trump Fulfilled 6 of the 8 Promises He Made in the Crypto World: Here are the Rest"},"content":{"rendered":"<p>In his first week after being sworn in as US president, Donald Trump has quickly started to fulfill his promises to the crypto world. Trump, who received massive support from the crypto sector before the elections in November, fulfilled most of these promises, creating a positive atmosphere in the sector. <strong>In the 2024 elections, where 48% of total corporate donations were provided by the crypto sector, 250 crypto-supportive deputies and 16 senators were elected to Congress.<\/strong><\/p>\n<p>It is seen that Trump has already fulfilled 6 of his 8 promises to the crypto world. These promises include important topics such as <strong>Bitcoin reserves, CBDC ban, regulations and SEC changes<\/strong>.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_71 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 eztoc-toggle-hide-by-default' ><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/coinengineer.net\/blog\/trump-fulfilled-6-of-the-8-promises-he-made-in-the-crypto-world-here-are-the-rest\/#Trumps_Promises_Fulfilled_So_Far\" title=\"Trump&#8217;s Promises Fulfilled So Far\">Trump&#8217;s Promises Fulfilled So Far<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/coinengineer.net\/blog\/trump-fulfilled-6-of-the-8-promises-he-made-in-the-crypto-world-here-are-the-rest\/#Two_Big_Promises_Trump_Has_Yet_to_Fulfill\" title=\"Two Big Promises Trump Has Yet to Fulfill\">Two Big Promises Trump Has Yet to Fulfill<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/coinengineer.net\/blog\/trump-fulfilled-6-of-the-8-promises-he-made-in-the-crypto-world-here-are-the-rest\/#Trumps_Impact_on_the_Crypto_World\" title=\"Trump&#8217;s Impact on the Crypto World\">Trump&#8217;s Impact on the Crypto World<\/a><\/li><\/ul><\/nav><\/div>\n<h3><span class=\"ez-toc-section\" id=\"Trumps_Promises_Fulfilled_So_Far\"><\/span>Trump&#8217;s Promises Fulfilled So Far<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><strong>Digital Asset Reserve<\/strong><\/li>\n<li>Trump signed a presidential decree for the US to create a national stockpile of digital assets. A working group led by David Sacks has been established. However, the \u201creserve or stockpile?\u201d debate continues.<\/li>\n<li><strong>CBDC (Central Bank Digital Currency) Ban<\/strong><\/li>\n<li>The same decree banned the US Federal Reserve from issuing a central bank digital currency (CBDC). Trump has characterized CBDCs as tools that restrict freedoms.<\/li>\n<li><strong>Repeal of SAB 121<\/strong><\/li>\n<li>Trump rescinded the SEC&#8217;s SAB 121 accounting rules that made it harder for banks to store digital assets. This step made it easier for banks to offer crypto custody.<\/li>\n<li><strong>Amnesty for Ross Ulbricht<\/strong><\/li>\n<li>Trump lifted the sentence of Silk Road founder Ross Ulbricht. Trump personally called Ulbricht&#8217;s mother with the good news.<\/li>\n<li><strong>Changes at the SEC<\/strong><\/li>\n<li>Before the election, it was announced that SEC chairman Gary Gensler would be dismissed. However, there was no need for this; Gensler resigned on January 20th. Crypto-friendly Paul Atkins is expected to head the SEC. Furthermore, a Republican-led \u201cCrypto Task Force\u201d has been created.<\/li>\n<li><strong>Net Crypto Regulations<\/strong><\/li>\n<li>The Digital Assets Working Group, led by David Sacks, has started working on making regulations transparent and clear. This is especially important for stablecoins.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Two_Big_Promises_Trump_Has_Yet_to_Fulfill\"><\/span>Two Big Promises Trump Has Yet to Fulfill<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li><strong>Finishing Operation \u201cChokepoint\u201d<\/strong><\/li>\n<li>The pressure on technology companies since the Obama era had increased even more under the Biden administration. Trump promised to end these pressures. Although some of these pressures have been reduced by recent decrees, they have not been completely ended.<\/li>\n<li><strong>Personal Retention Right<\/strong><\/li>\n<li>Trump has promised to introduce a regulation that individuals&#8217; digital assets in their personal wallets will not have to be disclosed. However, no concrete steps have been taken yet.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Trumps_Impact_on_the_Crypto_World\"><\/span>Trump&#8217;s Impact on the Crypto World<span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>During his election campaign, Trump enlisted the support of the crypto world, promising to both reduce regulatory pressure on the industry and encourage innovative solutions. These steps, which he quickly took after taking office, were welcomed positively in the crypto community. However, whether promises such as <strong>the right to personal custody<\/strong> will be fulfilled will be one of the determining factors of Trump&#8217;s long-term impact on the industry.<\/p>\n<p><em class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Also, you can freely share your thoughts and comments about the topic in the comment section. Additionally, please follow us on our\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/t.me\/coinengineernews\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Telegram<\/strong><\/a>,\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/www.youtube.com\/@CoinEngineer\" target=\"_blank\" rel=\"noreferrer noopener nofollow\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">YouTube<\/strong><\/a> and\u00a0<a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" href=\"https:\/\/twitter.com\/coinengineers\" target=\"_blank\" rel=\"nofollow noopener\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">Twitter<\/strong><\/a>\u00a0channels for the latest\u00a0<strong class=\"darkmysite_style_txt_border darkmysite_processed\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\"><a class=\"darkmysite_style_txt_border darkmysite_style_link darkmysite_processed\" title=\"News\" href=\"https:\/\/coinengineer.net\/blog\/news\/\" data-internallinksmanager029f6b8e52c=\"7\" data-darkmysite_alpha_bg=\"rgba(0, 0, 0, 0)\">news<\/a>\u00a0<\/strong>and updates.<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>In his first week after being sworn in as US president, Donald Trump has quickly started to fulfill his promises to the crypto world. Trump, who received massive support from the crypto sector before the elections in November, fulfilled most of these promises, creating a positive atmosphere in the sector. In the 2024 elections, where<\/p>\n","protected":false},"author":6,"featured_media":35654,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9,2],"tags":[61,60,1800,393,1730,39,3310],"class_list":["post-35653","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-news","tag-bitcoin","tag-btc","tag-cbdc","tag-crypto","tag-donald-trump","tag-sec","tag-trump"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v22.6 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Trump Fulfilled 6 of the 8 Promises He Made in the Crypto World: Here are the Rest - Coin Engineer<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/coinengineer.net\/blog\/trump-fulfilled-6-of-the-8-promises-he-made-in-the-crypto-world-here-are-the-rest\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Trump Fulfilled 6 of the 8 Promises He Made in the Crypto World: Here are the Rest - Coin Engineer\" \/>\n<meta property=\"og:description\" content=\"In his first week after being sworn in as US president, Donald Trump has quickly started to fulfill his promises to the crypto world. 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