In addition, the SEC – under acting Chairperson Mark Uyeda – has announced the creation of a new crypto task force charged with the creation of comprehensive and clear regulatory framework for cryptoassets.

The executive order directs the government to propose a regulatory framework and explore the creation of a digital asset stockpile.

The order signaled that the president intends to promote an industry that faced scrutiny during the Biden administration — and that he has a personal stake in.

The president signed an executive order to protect digital assets and alleviate pressure on the crypto industry from the previous administration.

"The executive order, as a whole, is mostly aspirational and symbolic. But the direction it points, I think, is quite bullish," a crypto market source told BI.

President Donald Trump signed an executive order on Thursday that would possibly create a national digital asset stockpile for the first time along with promoting the advancement of cryptocurrencies.

President Donald Trump signed an executive action Thursday that satisfies two promises he made to the cryptocurrency world. The order creates a presidential group to coordinate the establishment of clear regulation for the digital assets industry and prohibited the creation of central bank digital currencies (CBDCs).

The Digital Chamber founder and CEO Perianne Boring discusses President Donald Trump’s executive order regarding cryptocurrency on ‘Fox & Friends Weekend.’

The Trump family's new crypto meme coins are an ethical disaster and ripe for corruption - and they could cost his supporters dearly

President Trump signed a notable executive order on cryptocurrencies in his first week, introducing significant regulatory changes to reshape the digital asset landscape. Upon being sworn in as the 47th President of the United States,

Trump’s memecoin launch created billions in new wealth but didn’t generate substantial capital inflows into the crypto market. The token attracted 400,000 new crypto users,