Trump Signs Executive Order to Support Digital Asset Growth in the U.S.
AI-Generated Summary
President Trump signs an executive order to bolster the U.S. digital asset industry, aiming to protect digital asset use and establish regulations, following a pushback against previous regulatory efforts.
Today, President Donald Trump signed a new executive order titled "Strengthening American Leadership in Digital Financial Technology" that supports the growth of the digital asset industry in the U.S. As the crypto industry became one of the largest donors to his Presidential campaign after feeling beleaguered and attacked by regulations under the Biden Administration, today's executive order is proof Trump is following through on a statement made during the campaign to make America the "crypto capital of the planet."
