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[Trump Signs Crypto Executive Order: Assessment To Create National Digital Asset Reserve] January 24Th, President Trump Signed An Executive Order Establishing The President'S Working Group On Digital Assets, Whose Task Is To Develop A Federal Regulatory Framework For Managing Digital Assets (Including Stablecoins) And To Assess The Creation Of A Strategic National Digital Asset Reserve. The Working Group Will Be Chaired By White House "Ai And Crypto Czar" David Sacks, With Members Including The Treasury Secretary, SEC Chairman, And Heads Of Other Relevant Departments And Agencies. The Executive Order Directs Departments To Advise The Working Group On Any Regulations And Other Agency Actions Affecting The Digital Asset Sector That Should Be Repealed Or Modified.Furthermore, The Executive Order Prohibits Agencies From Taking Any Action To Establish, Issue, Or Promote A Central Bank Digital Currency (Central Bank Digital Currency). The Executive Order Also Revokes The Previous Administration'S "Digital Asset Executive Order" And The Treasury Department'S "Digital Asset International Engagement Framework," Stating That These Two Executive Orders Stifled Innovation, Harmed America'S Economic Freedom, And Its Global Leadership In The Digital Finance Field
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