Trump's First Executive Order: The Future of Cryptocurrency in the US

user avatar

by Giorgi Kostiuk

2 years ago

On January 23, US President Donald Trump signed his first executive order concerning cryptocurrency. This decision could significantly affect crypto users and industry leaders.

Trump's First Executive Order and Its Significance

In a televised address from the Oval Office on January 23, Trump announced the signing of an order creating an "internal working group" to bolster the US as a global leader in cryptocurrency. This act overrides a March 2022 executive order from former President Joe Biden, which directed US government agencies to establish a regulatory framework for cryptocurrency.

David Sacks' Role in the New Initiative

David Sacks, acting as the 'AI and crypto czar', will lead the task force established by the order. During his statement, the president noted that Sacks is expected to "make a lot of money" from the order.

Implications for the Cryptocurrency Industry

The new order prohibits the 'establishment, issuance, circulation, and use' of a US central bank digital currency (CBDC), and suggests exploring the possibility of creating and maintaining a national crypto stockpile and a regulatory framework for stablecoins.

This order has the potential to significantly impact the development of the cryptocurrency industry in the US. Updates will be provided as the situation evolves.

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

New Report Released Using SEC Data.

A report has been generated based on the information released by Sec. This release aims to inform the public and increase awareness of the information provided.

user avatarJesper Sørensen

Memory Stocks Rally Amid Global Shortage

Memory stocks, including Micron and SanDisk, surged nearly 11% on September 18, 2026, due to a global memory shortage, attracting investor interest and bullish analyst forecasts.

user avatarLucas Weissmann

Micron Plans $250 Billion Investment to Boost Production

Micron Technology, Inc. has announced a substantial investment plan of $250 billion aimed at ramping up domestic memory chip production.

user avatarFilippo Romano

Analysts Raise Price Targets for Micron MU

Recent updates from Wall Street analysts indicate a growing optimism for Micron MU, with RBC Capital raising the price target to 1500 and TD Cowen setting it at 1600.

user avatarRajesh Kumar

Micron MU Stock Price Surges Past 1000 Mark

Micron MU stock has reclaimed the 1000 price level, closing significantly higher amid a sector-wide resurgence.

user avatarEmily Carter

Grayscale's Zcash ETF to Implement 3-for-1 Forward Share Split

Grayscale has announced a 3-for-1 forward share split for its Zcash ETF, ticker ZCSH, to enhance accessibility for retail investors.

user avatarTomas Novak

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.