President Donald Trump on Thursday has signed executive orders on digital assets, aiming to bolster U.S. leadership in the crypto industry while halting progress on central bank digital currencies.
The order establishes a Presidential Working Group on Digital Asset Markets, chaired by White House ‘AI & Crypto Czar’ David Sacks.
This group will include key figures such as the Secretary of the Treasury and the Chairman of the Securities and Exchange Commission, tasked with developing a federal regulatory framework for digital assets and stablecoins.
A notable aspect of the order is its directive to evaluate the creation of a “strategic national digital assets stockpile.” The Working Group is …
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