Trump may exclude SEC and FDIC from cryptocurrency task force

former US President Trump signed an executive order aimed at addressing the banking challenges faced by Web3 company, which established a digital asset market working group. However, it is worth noting that the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) are excluded from the working group. In addition, the working group will be responsible for finding ways to promote the US's leadership position in the cryptocurrency industry and "assessing the possibility of establishing a national digital asset strategic reserve".