Express

Trump Signs Order To Establish Crypto Working Group, Will Evaluate Strategic National Digital Asset Reserves

Mary Liu

Summary: According to Reuters, US President Donald Trump signed an order on Thursday to establish a cryptocurrency task force to fulfill his campaign promise after becoming the "cryptocurrency president." It is reported that the task force is tasked with developing a federal regulatory framework for managing digital assets (including stablecoins) and evaluating the creation of strategic ...

According to Reuters, US President Donald Trump signed an order on Thursday to establish a cryptocurrency task force to fulfill his campaign promise after becoming the "cryptocurrency president."

It is reported that the task force is tasked with developing a federal regulatory framework for managing digital assets (including stablecoins) and evaluating the creation of strategic national digital asset reserves.

In addition, the executive order prohibits agencies from taking any action to establish, issue or promote central bank digital currencies (CBDCs).

  • BTC Weekly Outlook: The Oversold Bounce—A Bottom or a Shorting Opportunity? 1 day ago
  • The Making of a Political Darling: Is Chainlink’s Government Deal a Victory for Tech or... 5 days ago
  • Google Steps Into Blockchain: A New Front in the “Ledger Wars” 7 days ago
  • Bitcoin Weekly Analysis: Is a Bear Market on the Horizon? 9 days ago
  • AI Fraud Is Breaking the Internet’s Trust Economy. Can Compliance Tech Keep Up? 12 days ago
  • You need to login to comment.