Trump fulfills campaign promise with digital assets report—but his biggest crypto challenge looms
Just three days after his January inauguration, President Trump signed an executive order that he had promised on the campaign trail, establishing a digital assets working group comprised of top administration figures that would usher in a new era for crypto in the U.S.
On Wednesday, the group—which includes Treasury Secretary Scott Bessent, AI and Crypto Czar David Sacks, and other leading officials—released a 166-page report detailing the administration’s new approach, which Trump pledged would be a departure from his predecessor, President Biden, who cracked down on the blockchain industry.
The report outlines different priority areas for the White House moving forward, from enacting rulemaking laid out in the Genius…