Trump Executive Order on Digital Financial Technology
- On January 23, 2025, President Donald Trump signed an executive order on digital financial technology.
- The order establishes a task force to explore regulatory frameworks and evaluate a national cryptocurrency reserve.
- The executive order prohibits the creation and use of central bank digital currencies (CBDCs) in the U.S.
- Larry Fink speculated that a national cryptocurrency reserve could significantly impact Bitcoin’s value.
- David Sacks is appointed as the leader of the task force, known as the “crypto czar.”
The executive order signed by President Trump on January 23, 2025, aims to bolster U.S. leadership in digital finance by establishing a task force and prohibiting CBDCs.
Source (2.6)https://hodl.press/trump-signs-order-on-cryptocurrencies-evaluates-reserve-potential/?rand=24434
