#TrumpCryptoOrder

On January 23, 2025, President Donald Trump signed an executive order establishing a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile. This move aligns with his campaign promise to promote the adoption of digital assets.

The working group, chaired by David Sacks, the administration's crypto and artificial intelligence czar, includes key agency leaders such as the Treasury Secretary and the Chairpersons of the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Their responsibilities encompass developing a federal regulatory framework for digital assets, including stablecoins, and evaluating the potential establishment of a national digital asset stockpile, possibly derived from cryptocurrencies lawfully seized by the federal government.