#TrumpCryptoOrder TRUMP's incoming Cryptocurrency Task Force and CBDC Ban, which bans the creation of Central Bank Digital Currencies ( CBDC ) in the United States, and excludes the U.S. Federal Reserve and the Federal Deposit Insurance Corporation ( FDIC ) from cryptocurrency working groups.
U.S. President Donald Trump signed an executive order to resolve some banking challenges from Web3 companies and create clearer regulations for digital assets.
The executive order created a task force on digital asset markets tasked with finding ways to promote U.S. leadership in the cryptocurrency sector industry along with assessing the National Digital Asset Strategic Reserve.