Unlocking the Future: Executive Order on U.S. Leadership in Digital Financial Technology – Insights from The White House Fact Sheet

BOOSTING U.S. LEADERSHIP IN DIGITAL FINANCE: Today, President Trump signed an Executive Order to clarify rules around digital financial technology. This action aims to strengthen America’s role in the global digital asset economy, fostering innovation and new opportunities for everyone.

• The Executive Order creates the Presidential Working Group on Digital Asset Markets. Its job is to enhance U.S. leadership in digital finance.
  • The Working Group will create a framework to regulate digital assets, like stablecoins, and consider establishing a national stockpile of digital assets.
  • The group will be led by the White House AI & Crypto Czar, along with key figures like the Secretary of the Treasury and the Chairman of the SEC.
  • The AI & Crypto Czar will also consult with digital finance experts to gather insights beyond the government’s perspective.
• The Executive Order instructs all relevant agencies to review and suggest changes to existing regulations that impact the digital asset industry.
• It also stops agencies from creating or promoting central bank digital currencies (CBDCs).
• The order reverses the previous administration’s regulations that hindered innovation and limited U.S. competitiveness in digital finance.

SUPPORTING AMERICAN ECONOMIC FREEDOM: President Trump is committed to making the U.S. the “crypto capital of the world.”

• He aims to position the U.S. as a hub for digital finance by ending strict enforcement measures that have held back innovation in the crypto space.
• This new direction represents a major shift towards a vibrant future for digital finance, focusing on clear regulations and the protection of economic freedoms.
• It’s essential that the growth of digital finance in America is not blocked by overly strict regulations or government control.