Top-Secret Military Base in New Mexico Desert

Out in the New Mexico desert sits a top secret government facility... The scientists here are studying a new technology that will change the way wars are fought... Once you see this thing for yourself -- you'll know in your heart it could be coming for all of us. That's why I've taken steps to help protect myself and my family from what could be unleashed as early as April 11.

Trump Reportedly Planning To Declare Crypto As National Priority Through Executive Order

Aniket Verma
January 16, 2025

President-elect Donald Trump is set to issue an executive order to declare cryptocurrency as a national priority and incorporate industry experts into his administration, according to a Thursday report.

What happened: The strategic language was used to encourage government agencies to engage with the expanding industry, whose most valuable asset, Bitcoin (CRYPTO: BTC), surpassed a $2 trillion valuation in recent days, Bloomberg reported, citing people familiar with the plans.

Among the proposals being considered for inclusion in the executive order is a directive to all federal agencies to reassess their policies regarding digital assets and potentially halt any ongoing litigation related to cryptocurrency.

Another idea under consideration is the establishment of a national Bitcoin reserve that would include the government’s current Bitcoin holdings. This was one of Trump's biggest election promises to gain support from cryptocurrency enthusiasts.

However, the executive order was not final and could undergo further changes before it's made public, Bloomberg said.

A Trump spokesperson didn't immediately return Benzinga's request for comment.

See Also: Italy’s Largest Bank Leaps Into Bitcoin Trading With $1 Million ‘Test’ Investment But CEO Says He Doesn’t Invest In BTC Personally

Why It Matters: As Trump’s inauguration day approaches, speculation regarding his cryptocurrency pronouncements has grown.

Recent reports have suggested a pro-cryptocurrency policy shift from the new administration. David Sacks, Trump’s AI and crypto czar, reportedly collaborated with industry leaders to develop a legislative agenda.

Additionally, Trump was expected to address controversial laws like SAB 121, which limits banks' ability to offer custody services for digital assets.

Price Action: At the time of writing, Bitcoin was exchanging hands at 100,088.53, up 7.94 % in the last week and more than 45% since Trump’s election win in November, according to data from Benzinga Pro.

Read Next: 

  • Michael Saylor’s MicroStrategy Not Alone In Bitcoin Acquisition, Says Bitwise Chief Investment Officer: ‘It’s A Bona Fide Megatrend’

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