#TrumpCryptoOrder
Donald Trump has signed an executive order aimed at making the United States a hub for cryptocurrency and artificial intelligence. The order establishes a Presidential Working Group on Digital Assets Markets, which will explore federal regulations for stablecoins and a national digital asset stockpile.
The order prohibits the creation, issuance, circulation, and use of a US CBDC.
The working group will study the potential creation and maintenance of a national crypto stockpile.
The executive order is seen as a positive development for the cryptocurrency industry, as it provides a framework for regulation and oversight. However, some critics have raised concerns about the potential risks and implications of a national crypto stockpile.