• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

Trump Signs Digital Assets Order: Ban on CBDCs and New Regulations

user avatar

by Giorgi Kostiuk

21 days ago


On January 23, 2025, President Donald Trump signed an executive order to advance America's leadership in digital assets, with a focus on blockchain technology.

Ban on Central Bank Digital Currencies (CBDCs)

A notable aspect of the order is its stance against Central Bank Digital Currencies (CBDCs). It explicitly prohibits any federal action to create or promote CBDCs within the United States. These digital currencies, issued directly by central banks, raise concerns about privacy infringement and national sovereignty.

Creation of a Federal Digital Assets Regulatory Framework

The executive order also lays the groundwork for a federal regulatory framework for digital assets, including stablecoins and blockchain technologies. A presidential working group will be formed to evaluate market structure, consumer protection, and risk management. The creation of a national digital asset stockpile is also being considered.

Reevaluation of Existing Digital Asset Regulations

The order mandates federal agencies to reevaluate their current digital asset regulations, proposing updates within 60 days. This ensures that the U.S. digital economy remains aligned with technological advancements while maintaining legal clarity.

"Bitcoin maxis REALLY struggling with the ‘digital assets’ language,"Travis Kling, Ikigai Asset Management CIO.

While the order presents important measures, it falls short of the anticipated strategic national Bitcoin reserve. Despite this, many believe that a reserve backed by seized government Bitcoin could strengthen the U.S.'s global financial position.

0

Share

Other news

XRP Shows Strength Amid Bitcoin’s Lack of Momentum

Analyst CrediBULL Crypto reviews XRP’s movement, highlighting key candles and support levels.

user avatarGiorgi Kostiuk

15 minutes ago

The Popularity of Memecoins Among American Crypto Holders: Kraken Survey Results

Kraken survey reveals 85% of US crypto holders invest in memecoins despite their volatility.

user avatarGiorgi Kostiuk

16 minutes ago

41% Increase in Crypto App Downloads in UAE: Insights and Implications

Crypto app downloads in the UAE soared by 41% year-on-year, indicating a growing interest in digital currencies.

user avatarGiorgi Kostiuk

16 minutes ago

PEPE Ascension Hits $1 Million in Presale: Revolutionizing the Memecoin World with Peap Pad Launch

PEPE Ascension exceeds $1 million in presale, marking a new era for memecoins with the introduction of the innovative Peap Pad platform.

user avatarGiorgi Kostiuk

17 minutes ago

Bitcoin Rises to $97,000 Amid Renewed Talks

Bitcoin surged to $97,000 driven by US-Russia diplomatic efforts and institutional investor interest.

user avatarGiorgi Kostiuk

18 minutes ago

SEI Token Price Surge: Analyzing Current Market Dynamics

SEI token surged 12% after World Liberty Financial's $125K purchase.

user avatarGiorgi Kostiuk

18 minutes ago

dapp expert logo
© 2020-2025. DappExpert. All rights reserved.
© 2020-2025. DappExpert. All rights reserved.

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.