#TrumpCryptoOrder Executive order of President Donald Trump that prohibits the creation of central bank digital currencies (CBDC) in the United States could mark a significant shift in the institutional adoption of cryptocurrencies, according to industry executives.

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

According to Anndy Lian, author and intergovernmental blockchain advisor, the ban on CBDCs represents a "turning point" for the cryptocurrency sector in the United States.

Similarly, the new crypto task force indicates a clearer and more structured cryptocurrency regulation landscape, Lian said.

It's not just about setting rules; it's about laying the groundwork for the crypto sector to play a larger and more legitimate role in the economy. This clarity could attract large investors who have been sitting on the sidelines, waiting for something like this to make their move.

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

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