Trump's Executive Order Promises Cryptocurrency Regulation and Prohibits CBDCs

Reported about 5 hours ago

President Donald Trump has signed an executive order which fulfills two promises to the cryptocurrency sector: the formation of a presidential group to create clear regulations for digital assets and a ban on central bank digital currencies (CBDCs). Although the order does not immediately establish a national bitcoin stockpile as previously promised, it calls for a study on creating a digital asset stockpile potentially including various cryptocurrencies. This significant step demonstrates Trump's commitment to positioning the U.S. as a leader in the cryptocurrency space.

Source: YAHOO

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