#TrumpCryptoOrder
According to CoinDesk, US President Donald Trump has issued an executive order aimed at fostering a supportive environment for the cryptocurrency industry in the United States. The directive, which was announced on Thursday, seeks to establish policies that will provide a strong foundation for digital assets within the country. The order also explores the possibility of creating a ‘digital asset reserve.’
The executive order represents a major shift in federal policy toward cryptocurrencies, potentially allowing the sector to advance under a more favorable framework set by the White House. While such orders are typically seen as a starting point rather than a conclusion to policy development, this move by the crypto-friendly president is seen as a crucial first step. Following the announcement, Bitcoin saw a brief rally, rising above $106,000 from around $103,000, before settling back down to $103,500, reflecting a 0.51% decline over the past 24 hours.
The order includes provisions to protect individual participants