According to Fox reporter Eleanor Terrett, US President Donald Trump has signed an executive order to establish a "Digital Asset Market Working Group" directly under the President, which will work to develop a federal regulatory framework for digital assets (including stablecoins) and assess the creation of a "National Strategic Digital Asset Reserve". 1. The Digital Asset Market Working Group will be led by White House AI and crypto czar David Sacks, and will include the Treasury Secretary, SEC Chair, and other relevant department and agency heads. 2. The working group will develop a regulatory framework by: implementing market structure and defining what constitutes digital assets, securities, commodities, and collectibles; expanding the dominance of the US dollar through stablecoins; and evaluating a national digital asset reserve. 3. The executive order prohibits any actions by agencies to establish, issue, or promote a central bank digital currency (CBDC). 4. The working group will assess the creation of a National Strategic Digital Asset Reserve, though Sacks stated they have not yet decided whether to proceed with this.