Trump’s Executive Order Aims to Cement U.S. Leadership in Digital Finance
Jan. 23, 2025: 06 p.m.: Trump’s Executive Order Aims to Cement U.S. Leadership in Digital Finance
President Donald J. Trump signed an Executive Order to establish regulatory clarity for digital financial technology and secure America’s position as the world’s leader in the digital asset economy. The order establishes the Presidential Working Group on Digital Asset Markets, tasked with developing a federal regulatory framework for digital assets, including stablecoins, and evaluating the creation of a strategic national digital assets stockpile. Additionally, the order prohibits agencies from promoting central bank digital currencies (CBDCs) and revokes previous directives that were seen as hindering innovation in digital finance.
Read the White House Fact Sheet.