#TrumpCryptoOrder The White House has announced a comprehensive new initiative to strengthen U.S. leadership in digital financial technology by supporting innovation in blockchain and digital assets while protecting economic freedom.

The executive order signed by the President outlines a robust framework to foster growth in the digital asset space while addressing regulatory transparency, consumer protection, and risks associated with Central Bank Digital Currencies (CBDCs).

The initiative outlines policies to promote responsible growth and innovation in digital assets, including:

Protecting Blockchain Access: Ensuring that individuals and private entities can lawfully access and use public blockchain networks, participate in mining, transact without censorship, and self-custody digital assets.

Dollar Sovereignty: Support the development of legal tender dollar-backed stablecoins to support the global dominance of the US dollar.

Fair Access to Banking: Ensure fair access to banking for law-abiding individuals and businesses.

Regulatory Clarity: Develop technology-neutral regulations and transparent frameworks to support innovation in digital assets, blockchain, and distributed ledger technologies.

Block CBDCs: Prohibit the creation, issuance, and use of Central Bank Digital Currencies, citing concerns about financial stability, individual privacy, and US sovereignty.