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Trump's Crypto Presidency is 47: Sticking to His Campaign Promises

By Becca Bratcher, Forbes

April 10, 2025 - It's been nearly a decade since former President Donald Trump first floated the idea of a "presidency of cryptocurrency." At the time, many dismissed it as a passing fad, but Trump remained committed to his vision of a decentralized, blockchain-based economy.

Now, as we mark the midpoint of Trump's presidency, it's clear that his commitment to crypto has been unwavering. From the early days of his administration, Trump has been a vocal proponent of cryptocurrency, using his Twitter platform to tout the benefits of decentralized currencies and blockchain technology.

One of Trump's earliest moves as president was to sign an executive order establishing the Presidential Commission on Cryptocurrency and Blockchain. The commission, which included industry leaders and experts, was tasked with developing a comprehensive strategy for promoting the adoption of crypto and blockchain technology across the country.

Since then, Trump has taken a number of steps to support the growth of the crypto industry. He has signed legislation aimed at reducing regulatory barriers to entry for crypto companies, and has used his executive powers to exempt certain crypto-related transactions from capital gains taxes.

Trump has also been a vocal supporter of the idea of a "crypto-IRA," which would allow individuals to invest a portion of their retirement savings in cryptocurrency. While the idea has faced resistance from some lawmakers, Trump has remained a strong advocate, arguing that it would help to democratize access to the crypto market.

As we look to the second half of Trump's presidency, it's clear that his commitment to crypto will only continue to grow. With the Presidential Commission on Cryptocurrency and Blockchain set to release its final report in the coming months, Trump is expected to use the findings to inform his policy decisions and continue to push for the adoption of crypto and blockchain technology across the country.

Despite the challenges and controversies that have surrounded his presidency, Trump's commitment to crypto has been a consistent theme throughout his time in office. And as the crypto market continues to evolve and grow, it's clear that Trump's presidency will be remembered as a pivotal moment in the history of cryptocurrency.