President Donald Trump took another step toward his promise to make the U.S. the “crypto capital of the planet” on Thursday, signing an executive order aimed at promoting the domestic cryptocurrency sector and exploring the possibility of a new national digital asset stockpile.

President Donald Trump signed an executive order on Thursday that would possibly create a national digital asset stockpile for the first time along with promoting the advancement of cryptocurrencies.

President Trump's Jan. 23 executive order creates a crypto task force to craft rules and study a national reserve or stockpile of digital assets.

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.

"Hello bitcoiners!" He courted cryptocurrency fans during his election campaign. "If crypto is going to define the future, I want to be mined, minted and made in the USA, and it's going to be .” Now Donald Trump is taking steps to deliver on his promise to be a “crypto president.

"The executive order, as a whole, is mostly aspirational and symbolic. But the direction it points, I think, is quite bullish," a crypto market source told BI.

By Tom Westbrook and Elizabeth Howcroft NEW YORK/SINGAPORE/PARIS (Reuters) -Crypto markets crept up on Friday, still holding below recent highs even after President Donald Trump ordered a new working group to draw up crypto regulations long hoped for by the industry and explore the creation of a U.