US President Donald Trump has issued an executive order (EO) aimed at strengthening America’s leadership in digital financial technology. The EO contains two main components: one focused on decentralized cryptocurrency and the other on central bank digital currencies (CBDCs).
The EO aims to support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy. Key provisions include allowing citizens to participate in mining and validating, transacting with others without censorship, and maintaining self-custody of digital assets.
On CBDCs, the order prohibits the establishment, issuance, circulation, and use of a CBDC within the US jurisdiction unless required by law. This step aims to protect Americans from the risks associated with these currencies, which threaten financial system stability, individual privacy, and national sovereignty.
The EO’s measures have been taken well by crypto markets, with Bitcoin seeing a small price surge after the announcement. While future government regulation remains unclear, Trump’s commitment to stopping CBDCs and protecting crypto users seems promising.
Source: https://www.eurasiareview.com/09022025-trump-issues-executive-order-on-crypto-and-central-bank-digital-currencies-oped