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.

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.

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.