According to Wu Shuo, Fox reporter Eleanor Terrett reported that the President of the United States has officially signed an executive order on cryptocurrency, establishing the Presidential Digital Asset Market Working Group to strengthen the United States' leadership position in the digital finance sector. The working group will develop a federal regulatory framework, including the regulation of stablecoins and a feasibility assessment of a national digital asset strategic reserve. It will be chaired by the White House AI and Crypto Technology Commissioner David Sacks, with members including the Secretary of the Treasury, the SEC Chairman, and heads of relevant departments. The order mandates federal agencies to review current regulations and provide recommendations to the working group, while prohibiting agencies from promoting or issuing central bank digital currencies (CBDCs). Additionally, the order revokes previous administrations' executive orders related to digital assets and the Treasury's international framework, stating that they stifled innovation and undermined the United States' economic freedom and global leadership.