Fact Sheet: Executive Order to Establish United States Leadership in Digital Financial Technology
Fact sheetRegulation easedPublished 25/01/23Open the original
Summary
President Trump creates the Presidential Working Group on Digital Asset Markets to develop a federal framework for digital assets including stablecoins and to evaluate a national digital asset stockpile, and bars agencies from establishing or promoting central bank digital currencies.
By industry
- Crypto & Digital Assets1 trading day+0.9%p13 stocksSmall sample5 trading days−11.3%p13 stocksSmall sample20 trading days−13.2%p13 stocksSmall sample
“establish regulatory clarity for digital financial technology”
Day by day after the announcement
| Day | Crypto & Digital Assets stocks | S&P 500 |
|---|---|---|
| 25/01/22 | 0.0% | 0.0% |
| 25/01/23 | +1.4% | +0.5% |
| 25/01/24 | +2.2% | +0.2% |
| 25/01/27 | −11.1% | −1.1% |
| 25/01/28 | −11.2% | −0.4% |
| 25/01/29 | −11.9% | −0.6% |
| 25/01/30 | −7.5% | −0.1% |
| 25/01/31 | −8.9% | −0.8% |
| 25/02/03 | −8.7% | −0.9% |
| 25/02/04 | −10.3% | −0.9% |
| 25/02/05 | −11.3% | −0.3% |
| 25/02/06 | −11.3% | −0.2% |
| 25/02/07 | −9.6% | −0.9% |
| 25/02/10 | −8.8% | −0.3% |
| 25/02/11 | −12.9% | −0.2% |
| 25/02/12 | −9.8% | −0.4% |
| 25/02/13 | −7.8% | +0.5% |
| 25/02/14 | −7.7% | +0.6% |
| 25/02/18 | −10.0% | +0.8% |
| 25/02/19 | −10.9% | +0.9% |
| 25/02/20 | −12.5% | +0.6% |
Korean stocks in these industries
- NAVER 035420
- Hanwha Investment & Securities 003530
- Woori Technology Investment 041190
- Wemade 112040
Trades in these industries around the announcement
Members' and insiders' trades in the industries' stocks, 30 days before to 30 days after.
- Vladimir Tenev
Sell10b5-1 planRobinhood Markets
Sell10b5-1 planRobinhood Markets
HOOD
$29.4M
750,000 sh
$29.4M
Filed 25/01/03
Traded 25/01/02
- Vladimir Tenev
Sell10b5-1 planRobinhood Markets
Sell10b5-1 planRobinhood Markets
HOOD
$25.4M
500,000 sh
$25.4M
Filed 25/01/24
Traded 25/01/22
- Jason Warnick
SellRobinhood Markets
SellRobinhood Markets
HOOD
$9.6M
150,000 sh
$9.6M
Filed 25/02/19
Traded 25/02/14
- Adam Taylor Sullivan
SellCore Scientific
SellCore Scientific
CORZ
$6M
369,712 sh
$6M
Filed 25/01/28
Traded 25/01/24
- Alesia J. Haas
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$6M
20,000 sh
$6M
Filed 25/01/17
Traded 25/01/17
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$3.9M
14,008 sh
$3.9M
Filed 25/02/12
Traded 25/02/11
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$3.8M
13,854 sh
$3.8M
Filed 25/02/05
Traded 25/02/03
- Daniel Martin Gallagher Jr.
SellRobinhood Markets
SellRobinhood Markets
HOOD
$3M
50,000 sh
$3M
Filed 25/02/20
Traded 25/02/18
- Baiju Bhatt
Sell10b5-1 planRobinhood Markets
Sell10b5-1 planRobinhood Markets
HOOD
$26.3M
418,338 sh
$26.3M
Filed 25/02/18
Traded 25/02/13
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$2.6M
10,436 sh
$2.6M
Filed 25/01/15
Traded 25/01/13
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$2.5M
9,131 sh
$2.5M
Filed 25/02/12
Traded 25/02/11
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$2.2M
8,461 sh
$2.2M
Filed 25/01/07
Traded 25/01/03
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$1.7M
6,406 sh
$1.7M
Filed 25/01/07
Traded 25/01/03
- Alesia J. Haas
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$1.5M
5,500 sh
$1.5M
Filed 25/02/19
Traded 25/02/18
- Alesia J. Haas
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$1.5M
5,700 sh
$1.5M
Filed 25/01/17
Traded 25/01/15
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$1.3M
4,870 sh
$1.3M
Filed 25/02/05
Traded 25/02/03
- Adam Taylor Sullivan
SellCore Scientific
SellCore Scientific
CORZ
$1.3M
88,380 sh
$1.3M
Filed 25/01/03
Traded 25/01/02
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$1.2M
4,555 sh
$1.2M
Filed 25/02/05
Traded 25/02/03
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$1.2M
4,994 sh
$1.2M
Filed 25/01/15
Traded 25/01/13
- Brian Armstrong
Sell10b5-1 planCoinbase Global
Sell10b5-1 planCoinbase Global
COIN
$1.1M
4,673 sh
$1.1M
Filed 25/01/15
Traded 25/01/13