U.S. President Donald Trump signed an executive order (EO) related to Bitcoin and cryptocurrency, titled “Strengthening American Leadership In Digital Financial Technology”. This EO officially banned the creation and issuance of a central bank digital currency (CBDC) in the United States, defining a CBDC as “a form of digital money or monetary value, denominated in the national unit of account, that is a direct liability of the central bank.”
“Except to the extent required by law, agencies are hereby prohibited from undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad,” the order announced. “Except to the extent required by law, any ongoing plans or initiatives at any agency related to the creation of a CBDC within the jurisdiction of the United States shall be immediately terminated, and no further actions may be taken to develop or implement such plans or initiatives.”
A paradigm shift
„January 23, 2025, might be remembered as the day America chose its path in the digital currency wars. They’re not just blocking CBDCs – they’re weaponizing private crypto to defend dollar hegemony. I never thought I’d see the day when a U.S. president would essentially say „Bitcoin and stablecoins are our allies against central bank overreach.” The paradigm shift here is staggering.” – comments Leanne Kemp, CEO and founder of Everledger.
„While China builds a digital yuan to control their people, USA are unleashing private sector innovation as a counter-move. That’s quintessentially American.„
The new EO will also establish a presidential working group to create a federal regulatory framework governing digital assets (including stablecoins), and evaluate the creation of a strategic national digital assets stockpile.
Lean Kemp added: „What’s keeping me up tonight is that bit about a „national digital asset stockpile” in Section 4(c)(ii). They’re not just seizing crypto anymore; they’re planning to HODL it as a national security asset. Are we watching the birth of a new kind of sovereign wealth fund, built on seized crypto instead of oil revenues? The implications are mind-bending.
And that „Special Advisor for AI and Crypto” position… that’s not just another bureaucratic role. That’s the new financial warfare commander. We’re watching the future of monetary policy being rewritten in real time, and it’s absolutely going to send shockwaves.„
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
