President Donald Trump has signed an executive order that is seen as a positive step for the digital-asset sector. This order establishes a working group of key agencies to advise the White House on cryptocurrency policy, recognizing the industry's crucial role in US innovation, economic development, and international leadership. The move is expected to accelerate the development of a favorable regulatory environment for cryptocurrencies.

The digital-asset sector finally received a supportive executive action from President Donald Trump, ending an anxious wait and opening up the tantalizing prospect of rapid progress toward a friendly regulatory backdrop.The order signed on Thursday creates a working group of key agencies to advise the White House on crypto policy and says the industry plays a “crucial role” in US innovation, economic development and international leadership.

Trump's Executive Order Boosts Crypto Sector with Supportive Regulations