Trump Signs Executive Order to Promote U.S. Leadership in Digital Assets, Establish Task Force and Appoint Crypto-Friendly Leaders

Jan 27, 2025, 12:50 PM

President Donald Trump has signed an executive order aimed at promoting U.S. leadership in digital assets and artificial intelligence. This initiative establishes a task force responsible for proposing regulations for the crypto industry, signaling a shift from previous regulatory challenges faced by the sector. The executive order outlines plans for a national digital asset stockpile and the appointment of crypto-friendly leaders in key government positions, including Paul Atkins at the SEC and Scott Bessent at the Treasury. Trump's administration is positioning the U.S. as a global leader in crypto and AI, with ambitions to make the country the 'crypto capital of the planet.'