#TrumpCryptoOrder Trump Issues Executive Order to Boost Crypto Industry

AI Review

US President Donald Trump has issued an executive order aimed at creating a favorable environment for the cryptocurrency industry in the United States, according to CoinDesk. The directive, announced Thursday, aims to establish policies that will provide a solid foundation for digital assets in the country. The order also explores the possibility of creating a “digital asset reserve.”

The executive order marks a significant shift in federal policy toward cryptocurrencies, potentially allowing the sector to grow within a more favorable framework set by the White House. While such orders are typically a starting point rather than the finalization of policy, the move by the crypto-friendly president is seen as an important first step. Bitcoin experienced a brief surge following the announcement, rising above $106,000 from around $103,000 before falling back to $103,500, representing a 0.51% decline over the past 24 hours.