#TrumpCryptoOrder Donald Trump announced his support for cryptocurrencies during his election campaign, describing himself as a pro-crypto president¹. After taking office, Trump signed an executive order establishing a presidential task force to regulate digital asset markets, including stablecoins².

In this executive order, Trump tasked the group with advancing U.S. leadership in digital finance by developing a comprehensive regulatory framework for digital assets². Trump also banned the creation of central bank digital currencies in the United States that could compete with existing cryptocurrencies¹.

This executive order aims to foster innovation in the digital finance industry, while ensuring financial security and stability in digital markets².