In anticipation of the upcoming inauguration of Donald Trump as President of the United States on January 20, MetaEra has launched a special feature titled "Trump's Inauguration," which will provide comprehensive coverage of the 47th presidential inauguration.

The grand inauguration ceremony held in Washington, D.C. marks the beginning of a new era, not only for American citizens but also for international investors and tech industry professionals closely monitoring changes in U.S. policy. This ceremony is not just a celebration; it is a signal—foretelling a series of upcoming reforms, particularly aimed at the emerging cryptocurrency industry. With President Trump’s official inauguration on January 20, 2025, the world is focused on how this unconventional political figure will fulfill his ten cryptocurrency policies promised during the campaign.

The Ten Cryptocurrency Policies

● Make the U.S. the global cryptocurrency capital

Trump has promised that if re-elected, he will work to develop the U.S. into the global center for cryptocurrency, supporting the growth of emerging industries such as cryptocurrency and artificial intelligence.

● Stop the crackdown on the crypto industry within an hour of taking office

He has pledged to end the current administration's "illegal crackdown" on the cryptocurrency industry and protect the rights to Bitcoin mining and trading.

● Prevent the U.S. government from further developing CBDCs

Trump opposes the U.S. government's further development of Central Bank Digital Currencies (CBDCs), believing it would restrict personal freedoms.

● Establish a strategic Bitcoin reserve

Trump plans to create a national Bitcoin reserve, making Bitcoin one of the strategic assets of the United States.

● Fire SEC Chairman Gary Gensler

He stated that if elected, he would immediately fire the current Chairman of the Securities and Exchange Commission (SEC) to ease regulations on the crypto industry.

● Prevent the U.S. from selling its Bitcoin holdings

He has promised not to sell the Bitcoin held by the U.S. government, ensuring that these assets continue to serve the nation.

● Suggest using cryptocurrency to solve the U.S. debt problem

Trump has suggested using cryptocurrency to address the U.S. debt crisis, viewing it as an innovative solution.

● Propose a comprehensive cryptocurrency policy

He plans to develop a comprehensive cryptocurrency policy covering aspects such as stablecoin regulation and user self-custody rights.

● Establish a cryptocurrency advisory committee

Trump plans to establish a dedicated advisory committee to formulate transparent regulatory guidelines to support the development of the crypto industry.

● Reduce the sentence of Silk Road founder Ross Ulbricht

He has promised that if elected, he will consider reducing the sentence of Ulbricht, who was convicted due to the Silk Road incident.

The Challenges and Impact of Implementing the Ten Policies

Among the ten cryptocurrency policies, the most challenging to implement are "Make the U.S. the global cryptocurrency capital" and "Stop the crackdown on the crypto industry within an hour of taking office." "Make the U.S. the global cryptocurrency capital" is not just a catchy slogan for Trump; the potential conflict lies in challenging traditional financial institutions and global economic policies. Creating a cryptocurrency-friendly environment that attracts businesses and talent will require time and space, involving tax incentives, streamlined regulatory processes, and more, which is a heavy lift for Trump.

"Stop the crackdown on the crypto industry within an hour of taking office" sounds more like a catchy phrase aimed at garnering more votes, and it is a statement directed at the crypto industry. If we set aside the one-hour timeframe, Trump has already taken further actions regarding appointing a new SEC chairman, clarifying regulatory responsibilities, and easing administrative oversight, which can indeed be implemented quickly.

The least challenging administrative action is to reduce the sentence of Silk Road founder Ross Ulbricht. Through presidential pardons and policy commitments, Trump could easily achieve this, but it would greatly reflect the importance of libertarian values within the cryptocurrency community and draw more attention to cryptocurrencies and the crypto industry.

Additionally, "Firing the SEC Chairman" would mean a change in the SEC leadership, potentially bringing about a more innovation-friendly regulatory environment. The proposal to "Establish a strategic Bitcoin reserve," if realized, would be an unprecedented move, indicating the government's willingness to directly participate in the digital asset market.

New Expectations for Trump's Inauguration

While specific details are yet to be revealed, it is certain that Trump's formal inauguration will likely lead to a short-term increase in the prices of Bitcoin and other mainstream cryptocurrencies. However, the long-term trend will still depend on the actual implementation of policies and market confidence.

In the next four years, we will witness profound changes in the cryptocurrency ecosystem in the U.S. and globally. For all industry participants focused on this field, it is an exciting and challenging time.