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

CZ Calls Out Elon Musk Amid Binance Hack

Changpeng Zhao, co-founder of Binance, publicly addressed Elon Musk after his mocking response to a significant hack affecting the exchange.

user avatarMaria Fernandez

RUNE Price Surges Amid Ongoing Investigations into Stolen Cryptocurrency

RUNE's price increased from a local low of 0.59 to approximately 0.67 as investigations into stolen cryptocurrency movements through decentralized platforms, including THORChain, intensified.

user avatarGustavo Mendoza

Trezor Issues Urgent Security Warning for Safe 5 Wallets

Trezor has issued a security warning to customers who purchased Safe 5 hardware wallets through the Southeast Asian reseller CryptoBilis since March 2026, advising them to transfer their cryptocurrency to a newly generated wallet due to a potential hidden cellular implant.

user avatarRajesh Kumar

MEXC Introduces Canton 0Fee Carnival for Traders

MEXC has launched the Canton 0Fee Carnival, enabling users to trade CC spot and futures pairs without fees from October 30 to November 30, 2026, and participate in a prize pool of 1 million.

user avatarMiguel Rodriguez

XRP Ledger Foundation Clarifies Proposal's Routine Nature

The XRP Ledger Foundation clarifies that proposed changes to the token approval process are routine improvements and unrelated to any security incidents.

user avatarLuis Flores

XRP Ledger Developers Propose Tighter Token Approval Controls

XRP Ledger developers propose amendments for stricter token approval controls to enhance protocol safeguards and ensure consistent application of approval requirements.

user avatarArif Mukhtar

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.