#TrumpCryptoOrder

In January 2025, President Donald Trump signed an executive order to bolster the U.S. cryptocurrency industry. The order established a working group to propose new digital asset regulations and explore creating a national digital-asset stockpile. It also prohibited the development of a central bank digital currency (CBDC) in the U.S. The Securities and Exchange Commission (SEC) responded by overturning previous guidance that had made it costly for banks to hold cryptocurrencies, signaling a more crypto-friendly approach. These actions have been met with optimism within the crypto industry, as they provide regulatory clarity and support for digital assets.