President Trump delivered his campaign promise to make the U.S. the world’s leading digital finance technology with his latest executive order called Strengthening American Leadership in Digital Financial Technology.
BREAKING: President Trump signs executive order to make America the “world capital in crypto” pic.twitter.com/1CGbd2iEPK
— RSBN 🇺🇸 (@RSBNetwork) January 23, 2025
Trump has pledged to the younger generation as the pro-cryptocurrency president to establish a cryptocurrency advisory council, also known as the Working Group. The Working Group will be dedicated to setting the regulatory framework for digital assets being used for innovative blockchain technology. The priority of the Working group according to section 4 of the executive order includes:
“[Evaluating] the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.”
These digital assets will be used to develop a strategic national asset stockpile.
The 47th president has backed the idea of establishing Made in America cryptocurrency and U.S.-based blockchain technology for the “development and growth of lawful and legitimate dollar-backed stablecoins worldwide,” according to the executive order.
With the executive order in place, the Trump administration’s cryptocurrency initiative will also protect individual users using open blockchain networks to trade, mine, and validate cryptocurrency as a payment method. The executive order also emphasizes private institutions, including banks, will be prohibited from developing their own “digital money or monetary value.”
With the president’s recent launch of his meme coin, $Trump, the commander-in-chief has embraced the cryptocurrency industry, with the U.S. leading the way in cryptocurrency and blockchain technology.
