#TrumpCryptoOrder

President Trump's crypto order, titled "Strengthening American Leadership in Digital Financial Technology," aims to promote a positive framework for cryptocurrencies and blockchain technology in the US. The order establishes a working group, headed by Trump's crypto czar, to evaluate the creation of a digital asset stockpile and promote fair access to banking services for crypto companies ¹.

*Key Provisions:*

- _Protecting Access to Public Blockchains_: Ensuring individuals and companies can access and use public blockchain networks without persecution.

- _Promoting Dollar-Backed Stablecoins_: Encouraging the development and growth of stablecoins backed by the US dollar.

- _Prohibiting Central Bank Digital Currencies (CBDCs)_: Banning the creation of CBDCs within the US jurisdiction.

- _Regulatory Clarity_: Providing clear guidelines for the digital asset sector, including stablecoins.

The order also revokes the previous administration's Digital Assets Executive Order and the Treasury Department's Framework for International Engagement on Digital Assets, which were seen as restrictive to innovation .