Langgampos.com - As part of his new crypto policy, Donald Trump has established the Presidential Working Group on Digital Asset Markets, comprising top government officials and financial regulators.
President Donald Trump has made a significant move in support of the crypto industry by signing an executive order that effectively reverses the digital asset restrictions imposed during Joe Biden’s administration.
Speaking at a recent meeting, Trump emphasized that the era of restrictions on Bitcoin and cryptocurrencies is over.
"We are putting an end to this war completely," Trump stated, referring to the previous administration’s policies that were seen as hindering the growth of the digital asset industry, as reported by CoinMarketCap on Friday (February 21, 2025).
Presidential Working Group on Digital Assets
As part of this new policy, Trump has formed the Presidential Working Group on Digital Asset Markets, which includes high-ranking government officials and financial regulators.
This group’s primary objective is to develop a more crypto-friendly federal regulatory framework while also exploring the possibility of establishing a national digital asset reserve.
The move has been welcomed by the crypto community, which views it as a turning point for the digital asset industry in the United States.
The executive order is expected to drive innovation, accelerate the adoption of digital assets, and attract back crypto companies that had previously left due to strict regulations under the previous administration.
With this new policy, the U.S. has the potential to become a global hub for crypto innovation, creating new opportunities for investors and blockchain industry players.
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