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

The former US President Trump signed an executive order aimed at addressing the banking challenges of Web3 companies, establishing a Digital Asset Market Working Group. However, it's worth noting that the Federal Reserve (SEC) and the Federal Deposit Insurance Corporation (FDIC) were excluded from this working group. In addition, this group will be responsible for finding ways to promote America's leadership in the cryptocurrency industry and "assessing the possibility of establishing a national digital asset strategic reserve".