President Trump wants the federal government to create a framework for digital assets
President Donald Trump took a significant step toward advancing cryptocurrency and blockchain technology with an executive order issued yesterday. The order outlines a plan to create a clear regulatory framework for digital assets while promoting their growth and responsible use within the US.
Central to the order is the establishment of the President’s Working Group on Digital Asset Markets, led by Special Advisor for AI and Crypto David Sacks, alongside prominent government figures such as the chairs of the SEC and CFTC. The group is tasked with reviewing current crypto-related legislation and proposing regulations tailored to the fast-evolving industry. This approach marks a shift from the previous administration, which many in the crypto community criticized for imposing restrictive policies.
Another major directive in the order is exploring the creation of a national digital asset stockpile. Although the order stops short of establishing one, it calls for criteria to be developed for potentially creating a reserve from cryptocurrencies lawfully seized by federal law enforcement. Proponents argue this move could legitimize Bitcoin as a store of value and provide a hedge against inflation, aligning with Trump’s past support for a federal Bitcoin reserve.
The executive order also prohibits any government agency from developing a central bank digital currency (CBDC). Trump has consistently opposed CBDCs, claiming they would grant excessive control over personal finances. This ban counters prior discussions within the Federal Reserve about introducing a CBDC to improve cross-border payment systems.
The announcement has been celebrated by crypto advocates and contributed to Bitcoin reaching a historic high of $109,000 earlier in the week. By prioritizing innovation and regulatory clarity, the order signals a more supportive federal stance on digital assets, setting the stage for growth in the sector.

Editor at the Big Blind, is a rising star in gambling journalism with a decade of experience, focusing on clear and accessible communication for a diverse audience.