$ETH Trump approves two decrees to boost cryptocurrencies and artificial intelligence

The president outright rejects digital currencies from central banks and bets on the deregulation of crypto assets

Donald Trump launched a cryptocurrency last week with which he amassed billions of dollars in a matter of hours. This Tuesday, he announced an agreement between giants Oracle, OpenAI, and Softbank to invest $500 billion in infrastructure to develop artificial intelligence. And this Thursday, he issued two decrees to promote the leadership of the United States in both areas: crypto assets and artificial intelligence.

"Do they seem exciting to you? They may not be, unless they are going to generate a lot of money for the country," Trump said while signing the measures. The president chose a few weeks ago David Sacks, an ally of Elon Musk, as the czar of his Administration for both technologies.