President Donald Trump signed an executive order promoting digital assets and other financial technologies Thursday.

The order included components of the cryptocurrency-related campaign promises Trump had made before his electioꦐn. It established a working group inten♉ded to shape regulation and White House policy around crypto and other digital assets. Special Advisor for AI and Crypto David Sacks will chair the group, according to the order, with the Treasury Secretary, Secretary of Homeland Security, and others participating.

In addition to reviewing current crypto regulatory frameworks and establishing new guidelines, the group is also tasked with evaluating the "potential creation and maintenance of a 澳洲幸运5官方开奖结果体彩网:national digital asset stockpile." The stockpile proposal echoes Trump's calls for a 澳洲幸运5官方开奖结果体彩网:bitcoin stockpile on the campaign trail.

While the order included a section regarding the promotion and protection of dollar-backed 澳洲幸运5官方开奖结果体彩网:stablecoins around the world, it also prohibited the establishment of a 澳洲幸运5官方开奖结果体彩网:central bank digital currency in the United States.

Bitcoin traded around $103,ꦐ000 in the hours following the release of the order, down slightly from leve🍒ls seen earlier in the day.