Trump's Executive Order: A New Era for Cryptocurrency in the US

user avatar

by Giorgi Kostiuk

2 years ago

US President Donald Trump signed an executive order aimed at developing the cryptocurrency industry in the country. This step is a significant event for the entire crypto industry, which has long awaited changes.

Introduction of the New Order

President Trump signed an order declaring the US a crypto-friendly country. This step is aimed at fulfilling his promise to make the US the 'crypto capital of the planet'. The order was signed a few days after Trump's inauguration.

This order helps the US become a leader in the crypto industry.

Task Force Led by David Sacks

According to the order, a Presidential Working Group is being created to develop the crypto industry in the US. It will develop a new regulatory framework and evaluate the creation of a 'strategic national digital assets stockpile'. The group is led by David Sacks, along with the Secretary of Treasury, the Chairman of the SEC, and heads of other relevant departments.

Revocation of Previous Digital Asset Restrictions

The order revokes previous crypto frameworks introduced in 2022, which limited the industry's development. In addition, the document prohibits the issuance and promotion of Central Bank Digital Currencies (CBDCs). This decision plays a key role in strengthening the crypto industry in the US.

This order and subsequent actions are aimed at strengthening the US's position as a leader in cryptocurrency, which will influence the global market and boost the development of digital assets worldwide.

Tier I

Sector: #18291

Sealed Hiding Place Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, hiding places will be stored in your inventory and can be opened with Keys.

Other news

Circle Reports Significant Growth in USDC Onchain Transaction Volume

Circle reports a 49% year-over-year increase in USDC onchain transaction volume for Q3 2026, reaching 139 trillion.

user avatarMaria Gutierrez

Cipher Digital Advances Colchis Project with Conditional Baseload Classification

Cipher Digital reports conditional baseload classification for its 1-gigawatt Colchis project and is developing pipelines for future expansion.

user avatarAndrew Smith

Cipher Digital Achieves First HPC Lease Revenue and Extends Barber Lake Lease

Cipher Digital has recognized its first HPC lease revenue in Q3 2026 and extended its Barber Lake lease to 20 years, increasing contracted revenue to $91 billion.

user avatarJacob Williams

Core Scientific's Transition to AI Infrastructure Shows Promising Financial Metrics

Core Scientific's financial results reveal a significant shift in its business model, focusing on AI compute demand rather than Bitcoin mining profitability.

user avatarSon Min-ho

Core Scientific Reports Significant Growth in Colocation Revenue

Core Scientific has reported a substantial increase in colocation revenue, marking a shift from Bitcoin mining to AI infrastructure.

user avatarZainab Kamara

Hut 8 Reports Significant Energy Capacity Developments

Hut 8 reported substantial energy capacity developments, including 1,330 MW under construction and 3,180 MW entering exclusivity.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.