A historical decree for cryptocurrencies? On January 23, 2025 may remain in history as the day that the President, which is, chosen Donald Trump signed a presidential decree in favor of cryptocurrencies. This decree establishes a presidential working group on the markets of digital assets, opening the way to the exploration of certain campaign promises, in particular the potential creation of a national reserve for Bitcoin and other digital assets. The decree marks a turning point in American technology policy, but also finance.
- Donald Trump has signed a historic presidential decree in favor of cryptocurrencies, marking a turning point in the technological policy of the United States.
- The decree establishes a working group to explore the potential creation of a national Bitcoin reserve and blocks the launch of digital central bank currencies.
Donald Trump signs a presidential decree in favor of cryptocurrencies
The presidential decree, entitled “Strengthen American leadership in digital financial technology”loads a working group to explore the idea of a “National strategic reserve of digital assets”.
This initiative echoes Trump's campaign promise to create a Bitcoin national reserve. Although the decree does not specifically mention Bitcoin or other cryptocurrencies, it highlights the growing importance of digital assets in the world economy.
The working group, led by the venture capital of Silicon Valley David Sacksnicknamed the “AI and crypto tsar” From the White House, will advise Trump on questions related to cryptocurrency policy.
The decree also aims to protect the rights of American companies and citizens to carry out transactions, to keep their cryptocurrencies themselves, to undermine cryptos, to validate blockchain transactions and to launch blockchain software.
-A federal reserve of Bitcoin and other cryptos?
In addition to exploring a Bitcoin national reserve, a project led by senator Cynthia Lumnis, the decree also blocks federal agencies to launch digital central bank currencies (MNBC), often called digital dollars. This decision reflects the concerns of the Republicans concerning the confidentiality of the MNBC. In addition, the decree encourages innovation in the field of cryptocurrencies, making this sector a national priority.
Trump's decree is part of a series of pro-Crypto measures, including the creation of a new operational force on cryptocurrencies within the SEC, led by the Commissioner Hester Peircefavorable to industry. This processing force aims to develop sensible disclosure frameworks that will allow cryptocurrency projects and companies to register legally if necessary, putting an end to the SEC to regulate the industry by the application of the law.
Bitcoin the great absent of the texts signed by Donald Trump?
It is therefore a new promise held by the new American president. During his presidential campaign, Donald Trump said he wanted to create a Bitcoin strategic reserve. Nevertheless, his executive order published on January 23 does not explicitly mention Bitcoin, but more broadly speaks ofdigital active. We could think of other American cryptocurrencies (soil or XRP) that Donald Trump had also wanted to acquire as we explain in this article.
By signing this decree, Donald Trump confirms his commitment to cryptocurrencies and technological innovation. The decree could have major implications for the cryptocurrency industry, facilitating the creation of a Bitcoin national reserve and blocking the launch of MNBC. While the Trump administration continues to take measures in favor of cryptocurrencies, the United States confirmed its wish yesterday before bankers in the world, to be the world capital of Bitcoin and cryptos.
