# 2025-02123: Crypto Freedom Boost: No Gov Digital Dollar, Yes to Blockchain Innovation

2025-02123, Strengthening American Leadership in Digital Financial Technology, is a Federal Register presidential document from Executive Office of the President published 2025-01-31, effective 2025-01-23 (as of 2026-11-04).

- Canonical: https://policyrisk.com/federal-register/2025-02123
- As of: 2026-11-04
- Plain-text twin of the page above; the HTML and this file carry the same facts.

## Facts
- Document number: 2025-02123
- Title: Strengthening American Leadership in Digital Financial Technology
- Type: Presidential Document
- Agencies: Executive Office of the President
- Citation: 90 FR 8647
- Published: 2025-01-31
- Effective: 2025-01-23
- Comments close: not stated
- Significant: no
- Touches household money: no
- Regulation identifier numbers: none
- Last updated: 2026-11-04

## In one line

Crypto Freedom Boost: No Gov Digital Dollar, Yes to Blockchain Innovation

## Summary

The U.S. government is boosting America’s role in digital money and tech by supporting safe and fair use of cryptocurrencies, blockchain, and stablecoins. This means protecting your right to use digital assets freely, making banking more open, and stopping risky government digital currencies. These changes kick off now and aim to keep innovation strong while guarding your privacy and financial freedom.

## Effects PRIA read

- Right to Use Public Blockchains: benefit, medium. You and private companies are protected to access and use open public blockchain networks for lawful purposes, including developing and deploying software, mining and validating, transacting without unlawful censorship, and maintaining self-custody of digital assets.
- Support for Dollar-Backed Stablecoins: benefit, medium. The Administration will promote the development and growth of lawful dollar-backed stablecoins worldwide as part of protecting the sovereignty of the U.S. dollar.
- Protect Open Access to Banking Services: benefit, high. The order directs actions to promote and protect fair and open access to banking services for all law-abiding individual citizens and private-sector entities alike.
- Regulatory Clarity for Digital Assets: benefit, medium. The order calls for regulatory clarity built on technology-neutral rules, frameworks that account for emerging technologies, transparent decision making, and clear jurisdictional boundaries to support the digital asset economy.
- Ban on U.S. Central Bank Digital Currency: benefit, medium. Except to the extent required by law, agencies are prohibited from undertaking any action to establish, issue, or promote a Central Bank Digital Currency (CBDC) within the jurisdiction of the United States, and any ongoing agency plans related to creating a CBDC shall be terminated immediately.
- Working Group to Propose Federal Rules: benefit, medium. The President's Working Group on Digital Asset Markets is established and must, within 180 days of January 23, 2025, submit a report recommending regulatory and legislative proposals, including a proposed Federal regulatory framework governing issuance and operation of digital assets and stablecoin…
- Evaluation of National Digital Asset Stockpile: mixed, low. The Working Group must evaluate creating and maintaining a national digital asset stockpile and propose criteria for establishing such a stockpile, potentially using cryptocurrencies lawfully seized by the Federal Government.

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## Sources
- [2025-02123 on federalregister.gov](https://www.federalregister.gov/documents/2025/01/31/2025-02123/strengthening-american-leadership-in-digital-financial-technology)
- [2025-02123 as published (PDF)](https://www.govinfo.gov/content/pkg/FR-2025-01-31/pdf/2025-02123.pdf)

## Related
- [Previous: 2025-02121, President's Council of Advisors on Science and Technology](https://policyrisk.com/federal-register/2025-02121)
- [Next: 2025-02124, Federal Recognition of the Lumbee Tribe of North Carolina](https://policyrisk.com/federal-register/2025-02124)
- [All Federal Register documents](https://policyrisk.com/federal-register)

Source: PRIA, https://policyrisk.com/federal-register/2025-02123 (as of 2026-11-04).