On January 23, local time, U.S. President Trump signed a cryptocurrency executive order with the following main content:

1. Establishment of a Working Group: Establish the "Presidential Digital Asset Market Working Group," composed of the Secretary of the Treasury, the Attorney General, the Chairpersons of the Securities and Exchange Commission and the Commodity Futures Trading Commission, and heads of other agencies, responsible for proposing a new regulatory framework for digital assets and exploring the creation of a cryptocurrency reserve, with a related report to be submitted within 180 days.

2. Protection of Relevant Rights: Protect the rights of individuals and businesses to legally use open blockchain networks, covering aspects such as software development, trading, and self-custody of digital assets.

3. Promotion of Stablecoin Development: Create a favorable policy environment to promote the development of stablecoins and facilitate their application in the digital finance sector.

4. Ensuring Fair Access to Services: Ensure that all lawful citizens and businesses can fairly access banking services, avoiding unfair financial service phenomena in the field of digital assets.

5. Provision of Regulatory Framework: Provide a technology-neutral regulatory framework to support innovation in the digital economy and blockchain technology, promoting the healthy development of the cryptocurrency industry.

6. Prohibition of Central Bank Digital Currency: Prohibit the establishment or use of Central Bank Digital Currency (CBDC) within and outside the United States to maintain financial system stability and personal privacy.

7. Revocation of Relevant Policies: Revoke the relevant digital asset development policies from 2022 to change the previous regulatory direction and reshape the policy environment in the cryptocurrency field.