Industry over caution in new Crypto Executive Order

Jan 24, 2025

∙ Paid

📈 Trending Up: Himalayan water wars … AI using our computers for us … censorship … Naomi Girma … women’s sport … new Tesla models … datacenter buildouts, lots of them, all over the world … fraud …
- The creator economy? ShopMy just raised $77.5 million for its work helping “brands run their influencer marketing efforts.” Also, Substack has a new creator fund after Beehiiv worked to undercut its place where indie journalists scribble.
📉 Trending Down: Fake reviews … smaller venture funds …
- Musk’s White House fit? Politico has the inside scoop regarding White House sentiment after Musk trashed OpenAI’s Project Stargate, after Trump praised the effort. A Trump ally summed things up succinctly: “The problem is the president doesn’t have any leverage over him and Elon gives zero fucks.”

The much-awaited Trump Executive Order on crypto has landed, and it contains enough that I think a recap is worth our time.

You can read the full text here, but here are the elements that I think have the largest chance of real-world impact:

Cautious Optimism