Donald Trump signs order to position US as a world leader in cryptocurrencies

The president of the United States, Donald Trumpsigned an executive order on Thursday destined to boost the leadership of the country in the field of cryptocurrencies and digital assets.

According to the White Housethis initiative It seeks to position the US as the global center of the “Innovation in Digital Financial Technology”, eliminating laws and regulations that, in previous administrations, “They have stopped the development of cryptocurrencies.”

“The advance of digital financial technology in the United States should not be limited by excessive regulations or unnecessary government interference,” said the official statement.

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The measure authorizes the Creation of a working group led by the tsar of the White House in matters of artificial intelligence and cryptocurrencies, David Sacksand that, among other tasks, will evaluate the creation of a “National Strategic Reserve of Digital Assets”.

This group will have a six -month period To make recommendations to Trump, who during the electoral campaign received important donations from this industry and promised to make its legal framework more flexible.

Thursday’s executive order prohibits the establishment of a central bank digital currency (CBDCin English) and revokes a measure of the administration of the former president Joe Bidenwhich “It abolished innovation and undermined the economic freedom of the United States and global leadership in digital finances.”according to the statement.

Shortly after the signing of this order, in which Trump was accompanied by Sacks, leaders of this industry greeted the measure, as was the case of the president of the Blockchain association, Kristin Smiththat in a statement he pointed out that The measure will help make the US the “Crypto Capital of the Planet.”

JM