It is popular for incoming CEOs of big companies to have a 100-day Plan to implement changes for the benefits of shareholders and customers to demonstrate they are in control of the business in the first 100 days and make their mark.Trump’s 5-day Plan has broken all precedents, for CEOs and U.S. Presidents, with his promise to deliver digital finance policy and regulation to the benefit of fintech innovators, capital allocators, and the American people, in record time.
Following the November election the “Crypto Wall” fell with Trump’s commitment to assert U.S. global leadership in fintech innovation, crypto and digital assets. The new appointments including SEC and CFTC chairs, a new “crypto and AI czar”, and new committees started the tsunami of announcements that followed.
Last week’s President’s Executive Order (EO) on digital financial technology cut a decisive path and set the course for U.S. policy to be put into law over the next 12 months, banning CBDCs and securing industry backed stablecoins, promoting public blockchains, ensuring access to banking, and providing regulatory clarity with tech-neutral regulators.
A revamp of SEC strategy with the establishment of a new crypto taskforce and the repeal of the controversial SAB121 empowers institutional capital markets to dive into crypto markets.
For innovators and operators of crypto and DeFi technology who have been persecuted or prosecuted by the SEC’s regulation by enforcement, the narrative has now been flipped. Innovation in technology and digital finance is now recognized as a strategic U.S. asset both from a competition and security perspective, and in good time as demonstrated recently by China’s AI contender DeepSeek.
These big policy moves are also aligned to Trump’s business interests with the recent launch of the The Trump and Melania coins, and the recent announcement that Truth Social is launching a fintech company.
Hard To Earn, Easy To Lose
Looking ahead to the next 4 years, what does the Trump Administration mean for crypto?
To many, trust. Yet there is an old saying that trust is “hard to earn, easy to lose.”
All money, including the U.S. dollar, is a confidence trick, so it goes to argue that U.S. government debt is also a confidence trick. Bitcoin is a confidence trick, even if it is, arguably, not money, though for many, is seen as hedge against U.S. government debt.
Regardless of the direction, the policy path is leading to crypto legislation and regulation. The American people, who voted overwhelmingly for a Trump mandate, are now being encouraged to put their trust in crypto being legitimate by the President.
With Trump and many in his administration vested in crypto, many believe that this legitimacy will work for benefit of the American people who will be able to (more) easily access, trade, and invest in crypto for capital accumulation in a way they have never had access to before.
This is especially important after 40 years of ze