Trump administration launches cryptocurrency practice group...Presidential order signed

President Trump's executive order has launched a working group on cryptocurrency policy. On the 23rd (local time), President Donald Trump signed an executive order to create a working group on cryptocurrency policy.
Many foreign media outlets reported that the name was chosen. David Sachs, who is in charge of artificial intelligence (AI) and virtual currencies in the Trump administration, was appointed to head the cryptocurrency practical organization.
The Secretary of the Treasury, the Chairman of the Securities and Exchange Commission (SEC), and relevant department heads will also participate in the working group. The working group will develop a framework for regulations related to cryptocurrencies, including stable coins,
The government will consider adopting Bitcoin as a national strategic asset in the U.S. Governments and institutions will have to report to the practice organization on regulatory and other concerns that affect the cryptocurrency market.
David Sachs said, "We will build a cryptocurrency market structure and establish a definition," and "strengthen dollar control through stablecoins and promote cryptocurrency as a national strategic asset."
"We will discuss ways to stockpile supplies."