Trump may exclude the U.S. SEC and FDIC from the cryptocurrency working group

Former US President Donald Trump signed an executive order aimed at addressing the banking challenges of Web3 Inc., which established the Digital Asset Market Working Group. But it is worth noting that the Federal Reserve (SEC) and the Federal Deposit Insurance Corporation (FDIC) were excluded from the working group. In addition, the working group will be tasked with finding ways to promote US leadership in the cryptocurrency industry and "evaluating the possibility of establishing a national strategic reserve of digital assets."