President Donald Trump signed an executive order on Thursday that would possibly create a national digital asset stockpile for the first time along with promoting the advancement of cryptocurrencies.

President Donald Trump signed a highly-anticipated executive order Thursday establishing a working group on digital assets that will be responsible for putting forward potential regulations for the sector and evaluating a national cryptocurrency stockpile.

President Trump signed an executive order to protect digital assets and alleviate pressure on the crypto industry from the prior Administration.