US President Trump Signs Executive Order to Consider Digital Asset Stockpile

Donald Trump, the newly inaugurated president of the United States, signed a series of crypto-focused executive orders (EO) today, including one to create a “national digital asset stockpile.” The series of orders include a designated Presidential Working Group with the goal of strengthening the U.S.’s leadership in digital finance, developing a regulatory framework for digital assets, and evaluating the creation of a strategic national digital asset stockpile, according to Fox . The working group is set to be led by the newly appointed “AI and Crypto Czar,” and former host of the All-In podcast, David Sacks, alongside the Secretary of the Treasury David Lebryk and the Securities and Exchange Commission (SEC) Chair Mark Uyeda. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io