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President Donald Trump last week issued an executive order to strengthen U.S. leadership in digital financial technology.&nbsp;The executive order creates the new President’s Working Group on Digital Asset Markets, provides regulatory clarity for digital assets and technologies, ends de-banking initiatives, protects blockchain development, prohibits a central bank digital currency, and promotes stablecoins.&nbsp;

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This executive order, coupled with similar pro-crypto developments in Congress and at the Securities and Exchange Commission, will have a profound impact on the digital asset industry in the United States and globally.&nbsp;

<a href="https://www.bakerlaw.com/insights/trump-administration-immediately-positions-u-s-to-become-world-capital-of-crypto/?utm_source=bakerhostetler&amp;utm_medium=email&amp;utm_campaign=concep&amp;utm_content=Trump+Administration+Immediately+Positions+U.S.+To+Become+%e2%80%98World+Capital+of+Crypto%27_01%2f28%2f2025" target="_blank" rel="noreferrer noopener">Read the alert</a>.

Trump Positions U.S. As ‘World Capital of Crypto’