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Bullish
Trump Signs EO to Create US Digital Asset Regulatory Framework
On January 23, 2025, President Donald Trump issued an executive order to make the US a cryptocurrency leader after four days in office.
The directive establishes a digital asset regulation roadmap and a crypto innovation strategy.
Digital asset industry relevance is stressed in the executive order:
“The digital asset industry is vital to US innovation, economic growth, and international leadership.”
The letter highlights the Trump Administration's commitment to “responsible growth and use of digital assets, blockchain technology, and related technologies.”
The new “Presidential Working Group on Digital Asset Markets” will develop a federal regulatory framework for digital assets, including stablecoins.
The decree also suggests a “strategic national digital assets stockpile.”
The specifics of this effort are unknown, but it may be the first step toward America's strategic Bitcoin reserve.
At Bitcoin 2024 in Nashville, Trump stated his plan to build a reserve of 210,000 BTC from the Department of Justice.
The Trump Executive Order bans CBDCs
Central Bank Digital Currencies are likewise banned by the presidential decree. It says:
Trump has criticized CBDCs for giving the government “absolute control over your money.”
He pledged to stop their formation during his 2024 New Hampshire campaign and in his financial policy.
The Crypto-Friendly America Trump Wants
Trump's government has quickly supported cryptocurrencies. On January 21, 2025, a task committee was created to lower cryptocurrency regulations.
This initiative overlaps with the SEC's “crypto task force” under Acting Chair Mark Uyeda. The team wants clear and thorough crypto asset legislation.
On the same day, Trump pardoned Silk Road inventor Ross Ulbricht, who was caught in 2013 and convicted to life without parole in 2015.
Trump also launched $TRUMP , a joke coin, on January 17, 2025.
#DonaldTrump #TRUMP #BTCStateReserves #GaryGenslerResignation $BTC $XRP
On January 23, 2025, President Donald Trump issued an executive order to make the US a cryptocurrency leader after four days in office.
The directive establishes a digital asset regulation roadmap and a crypto innovation strategy.
Digital asset industry relevance is stressed in the executive order:
“The digital asset industry is vital to US innovation, economic growth, and international leadership.”
The letter highlights the Trump Administration's commitment to “responsible growth and use of digital assets, blockchain technology, and related technologies.”
The new “Presidential Working Group on Digital Asset Markets” will develop a federal regulatory framework for digital assets, including stablecoins.
The decree also suggests a “strategic national digital assets stockpile.”
The specifics of this effort are unknown, but it may be the first step toward America's strategic Bitcoin reserve.
At Bitcoin 2024 in Nashville, Trump stated his plan to build a reserve of 210,000 BTC from the Department of Justice.
The Trump Executive Order bans CBDCs
Central Bank Digital Currencies are likewise banned by the presidential decree. It says:
Trump has criticized CBDCs for giving the government “absolute control over your money.”
He pledged to stop their formation during his 2024 New Hampshire campaign and in his financial policy.
The Crypto-Friendly America Trump Wants
Trump's government has quickly supported cryptocurrencies. On January 21, 2025, a task committee was created to lower cryptocurrency regulations.
This initiative overlaps with the SEC's “crypto task force” under Acting Chair Mark Uyeda. The team wants clear and thorough crypto asset legislation.
On the same day, Trump pardoned Silk Road inventor Ross Ulbricht, who was caught in 2013 and convicted to life without parole in 2015.
Trump also launched $TRUMP , a joke coin, on January 17, 2025.
#DonaldTrump #TRUMP #BTCStateReserves #GaryGenslerResignation $BTC $XRP
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
