Executive Order "Strengthening American Leadership in Digital Financial Technology" prohibits U.S. federal agencies from establishing, issuing, or promoting central bank digital currencies, aiming to protect the financial system and individual privacy from the risks associated with CBDCs

  • Claim

Name

Executive Order "Strengthening American Leadership in Digital Financial Technology" prohibits U.S. federal agencies from establishing, issuing, or promoting central bank digital currencies, aiming to protect the financial system and individual privacy from the risks associated with CBDCs

Types

Claim

Quotes that support claims

The Working Group shall evaluate the potential creation and maintenance of a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.
Sec. 4. Establishment of the President‘s Working Group on Digital Asset Markets. (a) There is hereby established within the National Economic Council the President’s Working Group on Digital Asset Markets (Working Group). The Working Group shall be chaired by the Special Advisor for AI and Crypto (Chair). In addition to the Chair, the Working Group shall include the following officials, or their designees:

Referenced by

Overview of Trump Executive Order

Crypto news

Data block