#TrumpCryptoOrder

President Donald Trump has signed an executive order to regulate and promote the cryptocurrency industry and consider the creation of a national digital asset reserve. The order, “Strengthening American Leadership in Financial Technology,” protects access to public blockchain networks, supports the development of dollar-pegged stablecoins, and prohibits the creation and use of central bank digital currencies in the U.S. A Presidential Working Group on Digital Asset Markets, led by David Saks, has been established to present regulatory proposals within 180 days. The goal is to provide regulatory clarity and avoid financial exclusion in the cryptocurrency sector. Bitcoin’s price fell slightly to $103,000 following the announcement.