President Donald Trump has recently taken several significant steps to promote cryptocurrency in the United States:
Executive Order on Digital Assets
On January 23, 2025, President Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technology.” This order focuses on promoting U.S. leadership in blockchain, digital assets, and other emerging financial technologies, including cryptocurrency. It emphasizes various points about U.S. leadership in digital asset and financial technology and changes several previous U.S. policy directives over actions in these sectors. 
Creation of a Cryptocurrency Working Group
The executive order also mandates the formation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile. This initiative aims to position the U.S. as a global leader in the digital asset market. 
Appointment of David O. Sacks as AI and Crypto Czar
In December 2024, President Trump appointed venture capitalist David O. Sacks as the White House AI and Crypto Czar. Sacks is responsible for developing a legal framework for the cryptocurrency industry and leading the President’s Council of Advisors on Science and Technology. This appointment underscores the administration’s commitment to fostering innovation in the crypto sector. 
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