Trump's First 100 Days Transform Crypto Landscape

In his first 100 days, President Trump enacted several pro-crypto initiatives, including appointing crypto-friendly officials, banning the establishment of a central bank digital currency (CBDC), and signing executive orders to create a Strategic Bitcoin Reserve and a U.S. Digital Asset Stockpile. These moves were widely welcomed by the crypto industry, which noted a shift from the previous administration's regulatory approach and a new willingness from Washington to engage with the sector. Trump also reversed Biden-era lawsuits against crypto firms and promoted dialogue on clearer rules for digital assets. However, his aggressive trade policies and tariffs caused significant volatility in crypto markets and raised concerns among investors, with some industry optimism tempered by economic uncertainty. While the long-term impact of these changes remains uncertain, industry leaders see the current administration's approach as a notable improvement in engagement and policy direction. Critics, however, highlight that some of the headline initiatives, like the Bitcoin reserve, were less ambitious in practice, and controversies such as the promotion of meme coins have sparked further debate.