Jan 24th 2025

The creation of the Presidential Working Group on Digital Asset Markets through an executive order issued by former President Donald Trump is a significant move for the bitcoin industry. Eleanor Terrett, a reporter for Fox Business, said the goal of this project is to strengthen the US’ standing as a global leader in digital finance.

The goal of the recently established Working Group is to develop a federal regulatory framework for digital assets, such as stablecoins. In keeping with a proactive approach to blockchain-based financial systems, it will also investigate the viability of establishing a national digital asset stockpile.

Crucial Cooperation and Leadership


Senior officials, including the Secretary of the Treasury and the Chairman of the Securities and Exchange Commission (SEC), among other department heads, will participate in the endeavor, which will be led by White House AI & Crypto Czar David Sacks. The directive requires cooperation with specialists in the business sector to incorporate ideas beyond official viewpoints in order to guarantee that policies stay at the forefront of innovation.