In addition, the SEC – under acting Chairperson Mark Uyeda – has announced the creation of a new crypto task force charged with the creation of comprehensive and clear regulatory framework for cryptoassets.

The executive order directs the government to propose a regulatory framework and explore the creation of a digital asset stockpile.

President Trump's Jan. 23 executive order creates a crypto task force to craft rules and study a national reserve or stockpile of digital assets.

The president signed an executive order to protect digital assets and alleviate pressure on the crypto industry from the previous administration.

President Donald Trump on Thursday signed an executive order on the cryptocurrency industry, in a long-awaited move that appears to meet some industry demands.

The order signaled that the president intends to promote an industry that faced scrutiny during the Biden administration — and that he has a personal stake in.

President Donald Trump signed a highly-anticipated executive order late Thursday establishing a working group on digital assets that will be responsible for putting forward potential regulations for the sector and evaluating a national cryptocurrency stockpile.

"The executive order, as a whole, is mostly aspirational and symbolic. But the direction it points, I think, is quite bullish," a crypto market source told BI.

President Donald Trump signed an executive order on Thursday that would possibly create a national digital asset stockpile for the first time along with promoting the advancement of cryptocurrencies.

The Trump family's new crypto meme coins are an ethical disaster and ripe for corruption - and they could cost his supporters dearly

President Trump signed a notable executive order on cryptocurrencies in his first week, introducing significant regulatory changes to reshape the digital asset landscape. Upon being sworn in as the 47th President of the United States,