It aims to consolidate the position of the United States at the forefront of the digital assets and financial technology sectors.
This Trump decision underlines the administration’s commitment to promote innovation while preserving economic freedom.
Key objectives of the decree
1) Promote open blockchain networks
The order emphasizes the protection and promotion of the access rights of individuals and private entities. In addition, using the open public blockchain networks for lawful purposes. This includes the development and deployment of software, as well as participation in exploration and validation processes. In addition, carrying out transactions without illegal censorship and maintaining the self -guard of digital assets.
2) Defend the sovereignty of the US dollar
Particular attention is paid to strengthen the domination of the US dollar. This implies encouraging the development and global adoption of legitimate stable parts backed by the dollar.
RUP:
President Trump signs a decree on cryptography in order to develop a national stock of digital assets – Fox
– Bitcoin magazine (@bitcoinmagazine) January 23, 2025
President Trump signs a decree on cryptography in order to develop a national stock of digital assets – Fox3) Guarantee equitable access to banking services
The decree requires the promotion and protection of fair access to banking services for all citizens and private laws that respect the laws. It guarantees that the financial system remains inclusive and fair.
4) Ensure the clarity of the regulations
The order calls for clear and neutral technologically regulations and a transparent decision -making process. This approach has a dynamic digital economy. It encourages innovation in digital assets, blockchains without authorization and distributed registry technologies.
5) Oppose digital currencies of central banks (CBDC)
The order explicitly prohibits the establishment, the issue, traffic or use of any CBDC in the United States. The administration expresses its concerns about the fact that CBDC could threaten the financial stability, the privacy of individuals and national sovereignty.
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– Bitcoin magazine (@bitcoinmagazine) January 23, 2025
6) Revocation of previous policies
In a decisive change, the decree repeals decree 14067, entitled “Ensuring responsible development of digital assets”, published on March 9, 2022. In addition, he orders the Secretary of the Treasury to withdraw the “Framework for International Commitment on digital assets ”. Published on July 7, 2022. These actions mark a clear difference compared to previous approaches in terms of regulation of digital assets.
Training of the president’s working group on the digital asset markets
To achieve these objectives, the order creates the president’s working group on the digital asset markets within the National Economic Council. Chaired by the Special Advisor for AI and Cryptography, this group includes key officials, including the Secretary of the Treasury, the Attorney General and the Presidents of the Federal Reserve, the Securities and Exchange Commission and the Commodity Futures Futures Trading Commission .
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