President Donald Trump signed executive actions related to cryptocurrency and artificial intelligence, moves that could bolster two nascent industries.

Trump has signed an executive order to create a federal framework for digital assets and establish a crypto advisory council.

The appointment brings a veteran of a major credit card network player to the company’s board at a time when cryptocurrency firms are looking to establish higher trust and credibility.

Two senior congressional Democrats have asked multiple regulators to look into the propriety of meme coins issued by President Donald Trump and first lady Melania Trump.

The crypto advisory council will guide digital asset policy, assist Congress with crypto laws, and support establishing Trump's proposed bitcoin reserve.

President Donald Trump signed an executive order that looks to clarify regulations on the cryptocurrency and digital assets industry while blocking a central bank digital currency.