Trump’s executive order a ’game-changer’ for institutional crypto adoption

Institutional cryptocurrency payments could become more popular thanks to Trump’s incoming crypto task force and CBDC ban.

US President Donald Trump’s executive order banning the creation of central bank digital currencies (CBDCs) in the United States could mark a significant shift in institutional cryptocurrency adoption, according to industry executives.

The executive order, signed Jan. 23, prohibits the establishment, issuance, circulation or use of CBDCs, citing concerns over their potential to threaten financial system stability, individual privacy and national sovereignty.

The executive order’s CBDC ban is a “game-changer” for the crypto industry in the US, according to Anndy Lian, an author and intergovernmental blockchain adviser.

Likewise, the new crypto task force signals a clearer, “more structured” crypto regulatory landscape, Lian told Cointelegraph.

This isn’t just about setting rules; it’s about setting the stage for crypto to play a bigger, more legitimate role in the economy,” he said. “This clarity could lure in the big investors who’ve been sitting on the sidelines, waiting for something like this to make their move.”

The executive order could also catalyze crypto payment adoption among large financial institutions in the US, according to economist Alex Krüger, who said institutions will start using blockchain for payments and tokenization.