U.S. President Trump signed an executive order to establish a task force composed of key agencies such as the Department of the Treasury, the Department of Justice, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC) to provide cryptocurrency policy recommendations to the White House. This order is seen as an opportunity to accelerate the advancement of a friendly regulatory framework and marks a moment of government support for the digital asset industry. The task force will submit a report to Trump within six months, recommending regulatory frameworks and legislative proposals, and assessing the feasibility of creating a cryptocurrency reserve.