THE cryptocurrency industry is pushing President-elect Donald Trump's team to kick-start his promised crypto policy overhaul when he takes office next month with executive orders that would help push tokens mainstream, according to industry officials.Trump plans to issue a flurry of executive orders and directives on everything from immigration to energy on his first day in office on Jan. 20, Reuters reported this month.
Bitcoin, the world's largest cryptocurrency, hit new records above $107,000 this month after Trump reiterated his plan, first unveiled in a speech in July, for a strategic Bitcoin reserve.Analysts are divided on whether Trump could use executive powers to create the reserve, potentially via the Treasury Department, or whether an act of Congress would be necessary.