Donald Trump’s crypto executive order doesn’t mention Bitcoin
President Donald Trump has issued an executive order entitled “STRENGTHENING AMERICAN LEADERSHIP IN DIGITAL FINANCIAL TECHNOLOGY” that purports to “promote United States leadership in digital assets.” However, Bitcoin purists may be disappointed that the order doesn’t specifically mention Bitcoin, instead focusing on cryptocurrency more broadly. The order is concerned generally with reiterating the administration’s support for the industry and includes an emphasis on “promoting fair and open access to banking services for all law-abiding individual citizens and private-sector entities.” It also calls for a review of regulations, creates a President’s Working Group, calls for an investigation into the establishment of “ a national digital asset stockpile ,” and attempts to ban Central Bank Digital Currencies (CBDCs) with a problematically broad definition. President’s Working Group on Digital Asset M...