IMPORTANT 📌 President Donald Trump has signed a major executive order aimed at reshaping the crypto landscape in the United States. Here’s a series of articles on what it entails: #TrumpCryptoOrder
1 Trump has ordered the creation of a crypto working group that includes representatives from the Treasury Department, the Securities and Exchange Commission, and the Commodity Futures Trading Commission to draft new regulations for digital assets. The move is intended to provide clarity and foster innovation in the crypto space.
2 The order also explores the creation of a national digital asset repository. This could include holding seized cryptocurrencies, which could boost the United States’ position in global crypto markets. Bitcoin was not specifically mentioned, however.
3 The order will protect the banking services of cryptocurrency companies, addressing industry concerns about being cut off from traditional financial services. This could be a major change for cryptocurrency companies.
- This executive action comes on the heels of Trump’s campaign promise to be “the president of crypto,” sparking excitement and interest in the crypto community.🚀