After several days of expectations and speculation following Donald Trump's inauguration, the new administration has delivered a series of major initiatives in cryptocurrency and artificial intelligence (AI). Kaupr will update you on the news picture over the last 24 hours.
These announcements, framed by Donald Trump's speech at the World Economic Forum (WEF) in Davos about making the United States a global leader in crypto and AI, mark a significant policy shift. Below, we summarize the latest updates, including presidential orders, regulatory appointments and new initiatives, and explore their importance to the U.S. and global markets.
On Thursday, President Trump signed a presidential executive order titled “Strengthening American Leadership in Digital Financial Technology.” The directive emphasizes promoting innovation in digital assets. The main points include:
Trump has made key appointments in regulatory bodies that oversee cryptocurrency:
Earlier in the week, on Tuesday, January 21, 2025, Acting SEC Chairman Mark Uyeda announced the creation of a Crypto 2.0 Task Force. The task force is led by Commissioner Hester Peirce, also known as “Crypto Mom.” The task force's mission is to “work with the SEC's employees and the public to put the SEC on a sensible regulatory path that respects the limits of the law.” The objectives of the working group include:
The task force will coordinate with other federal bodies such as the Commodity Futures Trading Commission (CFTC), state regulators and international partners to create consistent oversight across jurisdictions.
This initiative marks a clear break with former leader Gary Gensler's approach, which used isolated disputes and the judicial apparatus to enforce and interpret crypto legally, rather than go the legal route.
Earlier in the week, too Stargate, an ambitious AI infrastructure project, was presented. Stargate will invest $500 billion over four years to position the United States as a global leader in artificial intelligence development. Over the next four years, the company will build new infrastructure for AI in the United States. OpenAI has the operational responsibility, but a number of companies are involved, both with capital and technology.
In his speech at the WEF on Thursday 23. In January, Trump laid out an ambitious vision of U.S. leadership in crypto and AI. The main points include:
The crypto community has responded positively to these developments, but remains cautious:
Many are still skeptical, both in terms of what the changes will mean in practice, how quickly new legal provisions can come into place, as well as potential conflicts between different federal agencies over who should have responsibility for what when it comes to regulating digital assets.
Although “things take time” and there are uncertainties both regarding what will be the final legal framework and what the content of the “Digital asset stockpile” will be, there is no doubt that there has been a shift towards a more pro crypto policy in the United States.
This article has been researched and prepared in several ways: using the author's knowledge, overview and narrative ability, via good old-fashioned search, using an analytic-based human-to-agent dialogue and through a personal quality assurance of content and sources.
After several days of expectations and speculation following Donald Trump's inauguration, the new administration has delivered a series of major initiatives in cryptocurrency and artificial intelligence (AI). Kaupr will update you on the news picture over the last 24 hours.
These announcements, framed by Donald Trump's speech at the World Economic Forum (WEF) in Davos about making the United States a global leader in crypto and AI, mark a significant policy shift. Below, we summarize the latest updates, including presidential orders, regulatory appointments and new initiatives, and explore their importance to the U.S. and global markets.
On Thursday, President Trump signed a presidential executive order titled “Strengthening American Leadership in Digital Financial Technology.” The directive emphasizes promoting innovation in digital assets. The main points include:
Trump has made key appointments in regulatory bodies that oversee cryptocurrency:
Earlier in the week, on Tuesday, January 21, 2025, Acting SEC Chairman Mark Uyeda announced the creation of a Crypto 2.0 Task Force. The task force is led by Commissioner Hester Peirce, also known as “Crypto Mom.” The task force's mission is to “work with the SEC's employees and the public to put the SEC on a sensible regulatory path that respects the limits of the law.” The objectives of the working group include:
The task force will coordinate with other federal bodies such as the Commodity Futures Trading Commission (CFTC), state regulators and international partners to create consistent oversight across jurisdictions.
This initiative marks a clear break with former leader Gary Gensler's approach, which used isolated disputes and the judicial apparatus to enforce and interpret crypto legally, rather than go the legal route.
Earlier in the week, too Stargate, an ambitious AI infrastructure project, was presented. Stargate will invest $500 billion over four years to position the United States as a global leader in artificial intelligence development. Over the next four years, the company will build new infrastructure for AI in the United States. OpenAI has the operational responsibility, but a number of companies are involved, both with capital and technology.
In his speech at the WEF on Thursday 23. In January, Trump laid out an ambitious vision of U.S. leadership in crypto and AI. The main points include:
The crypto community has responded positively to these developments, but remains cautious:
Many are still skeptical, both in terms of what the changes will mean in practice, how quickly new legal provisions can come into place, as well as potential conflicts between different federal agencies over who should have responsibility for what when it comes to regulating digital assets.
Although “things take time” and there are uncertainties both regarding what will be the final legal framework and what the content of the “Digital asset stockpile” will be, there is no doubt that there has been a shift towards a more pro crypto policy in the United States.
This article has been researched and prepared in several ways: using the author's knowledge, overview and narrative ability, via good old-fashioned search, using an analytic-based human-to-agent dialogue and through a personal quality assurance of content and sources.