Cryptocurrency executives believe the industry requires clear regulatory guidance from the White House rather than just a proposal for a national Bitcoin reserve. Following President Trump's executive order on March 6, which aimed to establish a Bitcoin reserve as part of his campaign promise, many in the crypto sector expressed disappointment as the reserve will initially consist of digital assets seized by law enforcement and not involve direct purchases of cryptocurrency. Executives demand clarity on regulations regarding securities, stablecoins, and institutional adoption, which they feel is vital for market stability and growth. Comments from industry leaders suggest that without clear guidelines, confidence will wane, impacting the broader crypto market negatively. Nonetheless, some remain optimistic about potential regulatory changes under Trump, touting his favorable stance on crypto and the appointment of industry-friendly officials to pivotal positions. They believe that definitive regulations could rejuvenate interest in altcoins and stabilize market dynamics overall.

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