Categories

Executive order on future of Crypto Currency

Executive order on future of Crypto Currency

Introduction

President Trump’s January 23, 2025, Executive Order on digital assets aims to fundamentally reshape U.S. crypto policy with three primary objectives:

Regulatory Clarity & Private Sector Growth

The order mandates a 180-day timeline to establish a federal regulatory framework, prioritizing:

Technology-neutral regulations to accommodate blockchain innovation without stifling development

Jurisdictional boundary definitions between agencies like the SEC and CFTC

Rescission of restrictive Biden-era policies, including the repeal of SEC Staff Accounting Bulletin 121 that blocked banks from crypto custody

This shift replaces the previous “regulation by enforcement” approach with regulatory “safe harbors” for compliant firms.

Dollar Hegemony Through Stablecoins

The administration seeks to reinforce USD dominance by:

Promoting 100% dollar-backed stablecoins as global settlement instruments

Requiring monthly audits and criminal penalties for false reserve reporting

Positioning USD stablecoins as alternatives to potential CBDC systems

Blocking CBDC Development

The order institutes a comprehensive CBDC prohibition:

Bars all federal agencies from CBDC research/development

Revokes Biden’s 2022 CBDC exploration mandate

Declares CBDCs a threat to financial privacy and dollar sovereignty

Strategic Endgame

The executive order lays groundwork for:

Onshoring crypto innovation through tax incentives and banking access

Global financial leadership via dollar-pegged stablecoin adoption

Depoliticized monetary system through permissionless blockchain infrastructure

Strategic crypto reserves (separate from the $10B sovereign fund proposal) to influence markets

Conclusion

While facing skepticism about its ability to curb bad actors, the order represents the most comprehensive pro-crypto shift in U.S. regulatory history, aiming to capture an estimated $1.5T crypto market while countering China’s digital yuan ambitions. Implementation now depends on agency rulemaking and Congressional action on pending stablecoin legislation.

What is international reaction for Trump Statement for taking over Gaza

What is international reaction for Trump Statement for taking over Gaza

Hamas response on Trump declaration to take over Gaza

Hamas response on Trump declaration to take over Gaza