President Donald Trump on Thursday ordered the formation of a working group to propose federal regulations for "digital assets" -- including

President Donald Trump signed a highly-anticipated executive order Thursday establishing a working group on digital assets that will be responsible for putting forward potential regulations for the sector and evaluating a national cryptocurrency stockpile.

"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.

On the campaign trail, Trump courted crypto cash by pledging to be a "crypto president" and promote the adoption of digital assets.

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.