According to TechFlow, on January 24, as reported by Fortune, U.S. President Trump signed an executive order on cryptocurrency, establishing a supportive stance towards the development of digital assets and blockchain technology. The order includes several important measures:

1. Establishment of the "Presidential Digital Asset Market Working Group":

• Chaired by David Sacks, Special Advisor on AI and Cryptocurrency, with members including senior officials such as the chairpersons of the SEC and CFTC, the main responsibility is to assess existing cryptocurrency regulations and develop a regulatory framework to support industry growth;

1. Exploration of a national digital asset reserve:

• Research and develop standards for establishing reserves, considering the use of cryptocurrencies legally seized during government enforcement actions;


• Trump had previously publicly supported the establishment of a federal Bitcoin reserve to combat inflation;

1. Explicit prohibition of CBDCs:

• Prohibiting any government agency from issuing central bank digital currencies, arguing that CBDCs could lead to "absolute control" of government over individual funds;


• Supporting stablecoins as a solution for cross-border payments;

1. Repeal of Biden-era policies:

• Repeal the cryptocurrency regulatory order signed by Biden in 2022.