Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve

Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve

President Donald Trump signed an executive order entitled “Promote American leadership in digital financial technology“The guidance places a bold vision to strengthen the United States site in the global digital asset economy – the most prominent of which is the embrace of Blockchain open networks such as Bitcoin with a prohibition of developing digital currencies of the Central Bank (CBDCS).

A big shift towards bitcoin

At the heart of the system is an explicit policy for Support responsible growth and the use of digital assetsDefending the right of citizens to reach and benefit Open Blockchain General Networks without interference. For bitcoin lovers, this represents tremendous support from the highest levels of government. The executive matter states that no legal activity should be controlled on these decentralized networks, with clarification that individuals should be allowed. Software development, preserving the self -body of digital assets, and participating in verifying mining health or transactions.

A new life for the dollar -backed Stablecooins

The administration also emphasizes the importance The legitimate stablecoins supported by dollarsShedding light on it as a strategic asset to protect the sovereignty of the US dollar and the global role. With the acceleration of the use of digital currency around the world, this renewable payment of Stablecoins indicates an approach to thinking forward aimed at maintaining the competitiveness of the American currency in global markets.

An organizational framework suitable for innovation

One of the main challenges faced by the Blockchain industry is an organizational uncertainty. Executive request calls for Neutral technological regulations The roles are clearly defined for agencies such as the Securities Committee and the Stock Exchange (SEC) and the CFTC futures trading committee. By directing cross efforts Cancel or amend the old rules And developing more effective frameworks, the Trump administration aims to enhance an environment as Blockchain companies and existing companies can innovate without fear of sudden enforcement procedures.

CBDCS block

In a decisive step that distinguishes the United States from many other countries, and categorically arrangement It is prohibited to create, promote and promote digital currencies for the Central Bank. Quoting concerns about the stability of the financial system, individual privacy, and national sovereignty, the executive order stops any ongoing or planned projects related to the agreement (CBDC) within federal agencies. This position indicates an unambiguous preference for BLOCKCHAIN ​​networks open without permission-like Bitcoin-more than government-controlled digital currencies.

Abolishing previous policies

It is also the matter The executive order is canceled 14067 on March 9, 2022In addition to the framework of the corresponding treasury Ministry, which was published in July 2022 – from the previous administration. By abolishing these policies, President Trump removes the path of organizational climate in support of rental, which gives priority to individual freedoms, innovation and economic growth.

Working group in digital assets markets

To direct these efforts, the executive order creates The main working group in digital assets marketsHeaded by the Special Adviser of Amnesty International and Crypting. This working group will include the Minister of Treasury, the Prosecutor and the senior officials. It includes its mandate:

  • Formulating a federal regulatory framework For digital assets and stablecoins, focusing on the market structure, consumer protection and control.
  • Evaluation of the construction of the stock of national digital assetsDerived from cryptocurrencies legally, to enhance the country’s strategic interests.

Within 180 days, the working group is expected to make a comprehensive report that would constitute future legislative and regulatory proposals.

A loud victory for Bitcoin

For many within the Bitcoin community, this executive is a pivotal turning point. By ensuring the right to self -monopoly, protecting Blockchain networks explicitly from censorship, and excluding the government -sponsored digital currencies, the Trump Bitcoin administration placed in the heart of the American digital economy.

As the United States progresses with confidence in this new era, both investors are preparing for retail and institutions to take advantage of clearer rules and stronger protection – while innovative Blockchain companies see a fertile environment for growth. By supporting open networks and survival without permission and stablecoins that enhance the position of the US global dollar, the nation appears ready to embrace a future in which Bitcoin can be in it You play a leading role.

The post Trump Signs Executive Order to Explore a U.S. Strategic Bitcoin Reserve first appeared on Investorempires.com.