President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.

The United States government is assessing the creation of a strategic Bitcoin reserve following President Donald Trump’s instruction. This initiative could open a new chapter in Bitcoin’s involvement in national economic planning and guarantee a heated discussion about its advantages and disadvantages.

Trump is a man in a hurry, and social media is buzzing with questions about whether he will fulfill his promise of a strategic Bitcoin reserve.

During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.

Donald Trump signed his first executive order on crypto, establishing a working group and prohibiting CBDCs without mentioning Bitcoin.

Trump’s executive order establishes a crypto working group to regulate digital assets and explore a Bitcoin strategic reserve.

Ripple is under fire for influencing Donald Trump to sign an order for a digital asset stockpile instead of a strategic Bitcoin reserve.

Key Takeaways U.S. President Donald Trump on Thursday signed an executive order to establish U.S. dominance in digital assets and financial technology.While partly delivering on a campaign promise to create a bitcoin stockpile,

CNBC’s Mackenzie Sigalos joins 'Power Lunch' to discuss Trump's latest executive order that impacts the crypto sector.

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,