On January 23, 2025, President Donald Trump signed an executive order titled "Enhancing the Leadership Role of the United States in Digital Financial Technology." This order aims to regulate and promote the cryptocurrency industry in the United States.
Key aspects of the executive order include:
• Establishing the President's Task Force on Digital Asset Markets: Chaired by David Sacks, the administration's AI and Crypto expert, this group includes leaders from the Department of Treasury, the Securities and Exchange Commission (SEC), and other relevant agencies. The task force's mission is to develop a federal regulatory framework for digital assets, including stablecoins, and to assess the creation of a national strategic digital asset reserve.