WuBlockchain Weekly:Trump Issued an Executive Order to Promote Cryptocurrency, Pardoned the Founder of Silk Road, and the Trumps Issued Memecoins, etc
1. The President of the United States Signs a Cryptocurrency Executive Order and Establishes a Working Group to Strengthen the Leadership in Digital Finance link On January 23, 2025, President Donald Trump of the United States officially signed a cryptocurrency executive order, establishing a Presidential Digital Asset Market Working Group to strengthen the US leadership in the digital finance sector. The Working Group is tasked with formulating a federal regulatory framework, which includes the regulation of stablecoins and the feasibility assessment of a national digital asset strategic reserve. Chaired by David Sacks, the White House Commissioner for AI and Cryptotechnology, the Working Group consists of the Secretary of the Treasury, the Chairman of the SEC, and the heads of relevant departments. The order requires federal agencies to review existing regulations and submit suggestions to the Working Group. Meanwhile, it prohibits agencies from promoting or issuing Central Bank Digi...