#TrumpMarketInsights The President of the United States, Donald Trump, signed an executive order this Thursday that promotes cryptocurrencies and seeks to make the country the world leader in digital assets.
According to the White House, the order allows the U.S. to become the center of "innovation in digital financial technology" by halting laws and regulations that "have stifled crypto-innovation in previous administrations."
"The growth of digital financial technology in the United States must not be hindered by restrictive regulations or unnecessary government interference," adds a statement from the White House.
The measure authorizes the creation of a working group led by the White House czar on artificial intelligence and cryptocurrencies, David Sacks, which, among other tasks, will evaluate the creation of a "national strategic reserve of digital assets".
