8 sources·Business

Trump Signs Executive Order Advancing Cryptocurrency and AI, Disregarding Biden's Policies

President Trump’s executive order promotes cryptocurrency and AI initiatives, including a national digital asset stockpile and an AI action plan, while repealing Biden's policies.

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Trump’s push to maintain certain AI measures from the Biden administration reflects a strategic acknowledgment of the technology's paramount importance, even as he selectively dismantles other aspects of his predecessor's policies.
Trump has tossed a lot of Biden policies. But there's one AI measure he wants to keep
NPR·3M
Reliable
This source consistently reports facts with minimal bias, demonstrating high-quality journalism and accuracy.
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Center
This outlet is balanced or reflects centrist views.
Trump's new executive order signifies a bold attempt to reshape the landscape of artificial intelligence technology, aiming to eliminate ideological biases and bolster America's leadership in AI.
Trump Orders Development of AI Action Plan After Revoking Biden’s Directive
Epoch Times·3M
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Right
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Trump's aggressive push to establish the US as the preeminent power in artificial intelligence signals a commitment to fostering innovation while simultaneously attempting to dismantle previous regulatory barriers that could stifle progress.
Trump wants the US to create an AI action plan in 180 days, and former PayPal mafia member David Sacks is among those leading the push
Business Insider·3M
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Center
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Trump's recent executive orders signal a substantial shift towards deregulating key industries like cryptocurrency and AI, reflecting his administration's commitment to ensuring American leadership in these rapidly evolving sectors.
WATCH: Trump signs order recognizing Lumbee Tribe of North Carolina, pardons anti-abortion activists
PBS NewsHour·3M
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Leans Left
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Trump's pivot toward cryptocurrency illustrates a strategic alignment with an industry that has not only become integral to economic innovation but also plays a significant role in his political funding, signaling a broader ambition to assert U.S. leadership in the digital assets arena.
Trump signs executive order promoting crypto, paving way for digital asset stockpile
CNBC·3M
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Center
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President Trump's executive order aimed at establishing a regulatory framework for digital assets reflects a calculated shift in his administration's approach to cryptocurrency, indicating a desire to position the United States as a leader in the digital economy, despite previous skepticism.
Trump signs executive order establishing crypto working group
The Hill·3M
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Center
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While Trump's proposal to evaluate a national digital asset stockpile reflects a growing recognition of cryptocurrencies, it ultimately stops short of the bold strategic reserve that advocates desire, leaving mixed feelings in the crypto community about his commitment.
Trump orders administration to evaluate potential for 'national digital asset stockpile'
NBC News·3M
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Center
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Trump's executive order marks a pivotal shift towards embracing digital assets, promising to reclaim the U.S. position as a leader in the crypto space while rolling back previous regulatory constraints that hindered innovation.
President Trump signs crypto executive order
Fox Business·3M
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Updated: Jan 24th, 2025, 6:45 AM ET

Summary

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On January 23, 2025, President Trump signed an executive order to bolster U.S. cryptocurrency regulations and create an AI action plan, distancing his administration from previous Biden initiatives. The order includes establishing a national digital asset stockpile, prohibits central bank digital currencies, and sets up a working group for regulatory proposals. Concurrently, Trump appointed David Sacks as his advisor for AI and cryptocurrency, indicating a drive to enhance America's position in digital assets and AI. Trump's approach focuses on easing regulations that he believes hinder innovation, while emphasizing ideological neutrality in AI development.

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