Executive Order

Bitcoin price jumped to $116,000 following news that President Trump will sign an executive order allowing Bitcoin and crypto in 401(k) retirement accounts, potentially unlocking access to $12.5 trillion in retirement savings.

President Trump’s new executive order embraces Bitcoin and open blockchain technologies, bans Central Bank Digital Currencies, and revokes prior restrictive regulations—signaling a landmark policy shift toward fostering responsible innovation and financial freedom in the United States.

Following U.S. President Biden’s executive order, the White House published a framework for CBDC development and strict regulation of the ecosystem.

The Biden administration is reportedly crafting policies intended to lower energy consumption and emissions from bitcoin mining.

The recent executive order offers insight into the United States government’s view of Bitcoin and how they intend to become an international leader.

The governor of California signed an executive order to drive innovation for bitcoin and other cryptocurrency-based businesses with transparent regulation.

Investment giant Fidelity will reportedly enable its 23,000 business clients to offer Bitcoin accounts for their workers’ 401(k)s later this year.

While the executive order didn’t directly challenge Bitcoin, the language of the order hints at future threats that may come.

The order focuses on a collaborative government agency effort towards ‘urgent’ CBDC development and Bitcoin and cryptocurrency regulation.

The President is set to sign the order this week with a focus on national security and regulation.