For investors, this news may enhance confidence in the future of digital currencies, but it also highlights the importance of monitoring regulatory developments, as government policies can significantly impact the market.
vespera
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Bullish
Organizational and Institutional Developments
United States: Major banks like JPMorgan and Bank of America are working on developing a stable "digital dollar," coinciding with the Treasury Department's decision to cease penny production by 2026.
Trump Administration: Trump Media & Technology Group is seeking to raise $3 billion to invest in digital currencies, as part of a plan to make the United States a global hub for cryptocurrency.
Britain: Nigel Farage announced a bill on "Digital Currencies and Digital Finance" aimed at transforming London into a global hub for cryptocurrency, imposing a 10% capital gains tax on digital currencies.