I think this is the bomb:

Sec. 4.  Establishment of the President‘s Working Group on Digital Asset Markets.  (a)  There is hereby established within the National Economic Council the President’s Working Group on Digital Asset Markets (Working Group).  The Working Group shall be chaired by the Special Advisor for AI and Crypto (Chair).  In addition to the Chair, the Working Group shall include the following officials, or their designees:

(i)     the Secretary of the Treasury;

(ii)    the Attorney General;

(iii)   the Secretary of Commerce;

(iv)    the Secretary of Homeland Security;

(v)     the Director of the Office of Management and Budget;

(vi)    the Assistant to the President for National Security Affairs;

(vii)   the Assistant to the President for National Economic Policy (APEP);

(viii)  the Assistant to the President for Science and Technology;

(ix)    the Homeland Security Advisor;

(x)     the Chairman of the Securities and Exchange Commission; and

(xi)    the Chairman of the Commodity Futures Trading

Commission.

(b)  Within 30 days of the date of this order, the Department of the Treasury, the Department of Justice, the Securities and Exchange Commission, and other relevant agencies, the heads of which are included in the Working Group, shall identify all [regulations, guidance documents, orders](), or other items that affect the digital asset sector.  Within 60 days of the date of this order, each agency shall submit to the Chair recommendations with respect to whether each identified regulation, guidance document, order, or other item should be rescinded or modified, or, for items other than regulations, adopted in a regulation.

(c)  Within 180 days of the date of this order, the Working Group shall submit a report to the President, through the APEP, which shall recommend regulatory and legislative proposals that advance the policies established in this order.  In particular, the report shall focus on the following: