Amid Trump's agenda for digital finance, promises of Bitcoin stockpile are being questioned.

The Presidential working group on digital asset markets was established by an executive order signed by US President Donald Trump.

The move represents progress on several key commitments, including the halt of federal programs targeting CBDCs and the issuance of widely recognized pardons. However, several elements—such as the promised creation of a "strategic national Bitcoin stockpile"—are notably absent or vague, casting doubt over the overall scope and trajectory of the program. Trump Touts the Digital Finance Agenda

According to the most recent update by Fox reporter Eleanor Terrett, the working group, if established, would draft a federal regulatory framework for digital assets, such as stablecoins, and review the feasibility of establishing a strategic national digital assets stockpile.

Despite Trump's promise on a July Bitcoin conference in Nashville to set up a "strategic national Bitcoin stockpile" using the over $20 billion in Bitcoin that the Justice Department had seized, the above stockpile does not mention Bitcoin. Some of these Bitcoin maximalists were quick to bring this up, with some recommending that the stockpile only be comprised of BTC.

Top government officials will include the Treasury Secretary, the chairman of the SEC, and other significant agencies' representatives. The working group will be headed by AI & Crypto Czar David Sacks of the White House. He will consult with leading industry specialists to ensure decisions will be made based on fact.Campaign Promises about Crypto

Additionally, the executive order requires federal departments and agencies to identify existing policies affecting digital assets, along with recommendations for changes or revocations. The order dismantles the foreign participation framework from the Treasury in addition to canceling both the Treasury's framework and the Digital Assets Executive Order from the Biden administration due to their detrimental influence on innovation and American economic authority.

According to this prohibition the government cannot lead the development or promotion of central bank digital currency initiatives. Trump had made a promise before to coerce federal agencies to cease any measures to launch CBDC as part of his election vows to the cryptocurrency sector. He also fulfilled his promise to pardon Ross Ulbricht, the dark net Silk Road marketplace operator, totally and unconditional.

The power of US presidents to implement specific laws and policies through executive orders is still controversial, even if Trump's executive order marks a major step towards his aims regarding digital finance.

For example, Judge Coughenour, a Reagan appointee, stated that Trump's previous order to cancel birthright citizenship under the 14th Amendment was "blatantly unconstitutional." He appeared skeptical that experts in law would condone such an order and lambasted the Justice Department's defense.

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