🚨 BREAKING: According to @FoxBusiness' @EdwardLawrence, the #crypto executive order has been signed! A first step toward a strategic #Bitcoin reserve! Here are the details:

📌 The creation of the Presidential Working Group on Digital Asset Markets, aimed at enhancing U.S. leadership in digital finance.

📌 The Group’s role includes developing a federal regulatory framework for digital assets, like stablecoins, and considering a strategic national digital assets reserve.

📌 Chaired by White House AI & Crypto Czar @DavidSacks, the group will also involve key officials, including the Treasury Secretary and SEC Chairman.

📌 The White House Crypto Czar will consult with leading digital asset experts to ensure informed decisions.

📌 Agencies are tasked with recommending which regulations should be adjusted or rescinded to foster growth in the digital asset space.

📌 The order also bans any efforts to create or promote Central Bank Digital Currencies (CBDCs).

📌 It nullifies the prior Administration’s digital asset framework, which was seen as stifling innovation and U.S. economic leadership.

#DigitalAssets #CryptoRegulation #USFinance
#crypto #Bitcoin