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Trump's Cryptocurrency Task Force Releases Recommendations to Promote Financial Development
Summary: According to sources, the digital asset market policy task force established by US President Trump released a report on Wednesday, calling on federal regulatory agencies to use existing authority to establish clearer rules for digital asset trading and simplify the promotion process for new financial products. The White House stated in a briefing that by ...
According to sources, the digital asset market policy task force established by US President Trump released a report on Wednesday, calling on federal regulatory agencies to use existing authority to establish clearer rules for digital asset trading and simplify the promotion process for new financial products.
The White House stated in a briefing that by implementing these recommendations, policymakers can ensure that the US leads the blockchain revolution and ushers in a golden age of crypto. The task force was established based on an executive order signed by Trump in January of this year. The report covers various issues in the digital asset field, including calling on Congress to pass the Digital Asset Market Clarity Act to fill regulatory gaps, authorize the Commodity Futures Trading Commission to regulate spot markets for non-securities digital assets, and support the development of decentralized financial technology.
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Link: Trump's Cryptocurrency Task Force Releases Recommendations to Promote Financial Development [Copy]
