#TrumpCryptoOrder On January 23, 2025, former President Donald Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technology,” marking a major shift in U.S. cryptocurrency policy.
Key points of the order:
Creation of a Presidential Task Force on Digital Asset Markets, led by David Sacks, tasked with proposing a comprehensive federal regulatory framework for digital assets within 180 days.
Evaluation of:
The possibility of creating a Bitcoin strategic reserve.
The formation of a national storehouse of digital assets from seized assets.
Explicit prohibition of the development of a central bank digital currency (CBDC) in the United States.
Implications:
Institutions such as the Treasury Department, SEC, and Department of Justice will be required to review current regulations related to cryptocurrencies and issue recommendations within 30 to 180 days.
It seeks to provide regulatory clarity, promote innovation, and position the U.S. as a global leader in cryptocurrencies and financial technology.
Additionally, Trump signed a parallel executive order to promote artificial intelligence, removing previous regulations to accelerate development in this field.
These moves reflect a commitment to maintaining U.S. leadership in emerging technologies such as cryptocurrencies and artificial intelligence.
