U.S. Creates Crypto Working Group
President Donald Trump signed an executive order to form a Cryptocurrency Working Group on January 23, 2025.
Goals of the Group;
1. Draft new regulations for digital assets.
2. Explore creating a national cryptocurrency reserve.
3. Protect banking access for crypto businesses.
4. Ban the development of a U.S. Central Bank Digital Currency (CBDC).
Key Appointments:
* David Sacks has been named the Crypto and AI Czar to lead this initiative.
* The group includes top officials from the Treasury, SEC, and other federal agencies.
Impact on the Crypto Industry:
Positive for businesses seeking clarity and support.
Shows the U.S. is embracing crypto innovation while rejecting government-controlled digital currencies.
Conclusion:
This move marks a major shift in U.S. crypto policy, signaling growth and stability for the sector.
#RegulationDebate #TRUMP #TRUMPTokenWatch #CryptoSurge2025 #news
