The first 100 days of President Donald Trump's administration have significantly impacted the crypto industry, with the launch of his memecoin and the announcement of a Bitcoin reserve. Trump's trade war has caused volatility in crypto markets amid global economic uncertainty. However, optimism remains due to the administration's pro-crypto policies, including the appointment of industry-friendly leaders to key regulatory positions such as the SEC and CFTC. Major developments include the executive order banning a US central bank digital currency (CBDC), while initiating a working group to position the US as a global crypto leader. Despite announcing a Strategic Bitcoin Reserve, critics argue that it merely pools confiscated Bitcoin without concrete buying plans, exacerbated by aggressive trade tariffs that have hurt market confidence. Trump's controversial ties to blockchain projects raise ethical questions, complicating legislative changes and sparking calls for impeachment from some lawmakers. Overall, these early actions suggest a tumultuous start that could hinder progress in the crypto sector.

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