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International Business Times
International Business Times
Business
Marvie Basilan

Bitcoin Rebounds On Report Of Trump's Day 1 Pro-Crypto Executive Order

Donald Trump Bitcoin Crypto Executive Order Bo Hines Cynthia Lummis Decrypt SEC
Donald Trump was a keynote speaker at Bitcoin 2024 in Nashville last year. (Credit: Bitcoin 2024 Twitter)

KEY POINTS

  • One source told Decrypt that the EO will establish a presidential crypto council
  • Trump previously appointed Bo Hines to lead what he referred to in December as a crypto council
  • Other more comprehensive crypto-centric executive orders are expected to take time before getting signed

Bitcoin surged Tuesday night following a report that incoming U.S. President Donald Trump will issue a pro-cryptocurrency executive order within the first few hours of his White House re-entry.

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