On January 23, 2025, President Donald Trump took several steps to bolster a pro-cryptocurrency agenda, fulfilling campaign promises to make the United States "the cryptocurrency capital of the world." Key actions include: Executive Orders: Trump signed an executive order to promote cryptocurrency growth, establishing a task force on digital asset markets to propose a regulatory framework within 180 days. He prohibited federal agencies from developing Central Bank Digital Currencies (CBDCs) and rescinded Biden's 2022 order on digital assets. Strategic reserves.