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UPDATE: 🇺🇸 President Trump has officially banned the creation of Central Bank Digital Currency (CBDC) by signing an executive order.
US President Donald Trump recently signed an executive order banning the creation of Central Bank Digital Currency (CBDC) in the US. The decree has also set up a special group to develop regulatory and policy frameworks in the field of digital currency and related financial technologies. The group will be headed by David Sachs, a special adviser on artificial intelligence and digital currencies, with the participation of the Treasury Minister and the Minister of Homeland Security.
The tasks of this group include reviewing existing supervisory frameworks, creating new guidelines, and evaluating the possibility of creating and maintaining a national reserve from digital assets. The move is in line with Trump's election promises to support digital currencies and promote their acceptance. Also, the order emphasizes the support and promotion of dollar-backed stablecoins globally, but prohibits the establishment of CBDCs in the United States.
The decision contrasts with the policies of the previous administration led by Joe Biden, which took tough measures against companies related to digital currencies. The formation of this task force could be an important step towards the wider adoption of digital currencies in the United States
UPDATE: 🇺🇸 President Trump has officially banned the creation of Central Bank Digital Currency (CBDC) by signing an executive order.
US President Donald Trump recently signed an executive order banning the creation of Central Bank Digital Currency (CBDC) in the US. The decree has also set up a special group to develop regulatory and policy frameworks in the field of digital currency and related financial technologies. The group will be headed by David Sachs, a special adviser on artificial intelligence and digital currencies, with the participation of the Treasury Minister and the Minister of Homeland Security.
The tasks of this group include reviewing existing supervisory frameworks, creating new guidelines, and evaluating the possibility of creating and maintaining a national reserve from digital assets. The move is in line with Trump's election promises to support digital currencies and promote their acceptance. Also, the order emphasizes the support and promotion of dollar-backed stablecoins globally, but prohibits the establishment of CBDCs in the United States.
The decision contrasts with the policies of the previous administration led by Joe Biden, which took tough measures against companies related to digital currencies. The formation of this task force could be an important step towards the wider adoption of digital currencies in the United States
Trump Coin is a cryptocurrency that is usually
created to support former US President Donald Trump. These types of cryptocurrencies are more advertising and symbolic than real applications.
Advantages:
1Specific community support: For those who support Trump, it can be a means of expressing loyalty.
2. Short-term investment opportunity: its value may increase in certain periods due to advertisements and news.
3. Political Symbol: Used as a symbolic asset for political purposes.
Disadvantages:
1Lack of real use: It is mostly advertising and lacks practical applications in daily life.
2. High risk: its price can fluctuate wildly and depend on Trump's popularity or political performance.
3. Lack of official supervision: It may fall into the category of low-credit projects and there is a risk of fraud.
Important note:
Before investing in any cryptocurrency, you should do thorough research and be aware of the
associated risk
#sanor016CommUNITY #Sanore016 #bitcoin #solana $BTC $SOL $BNB
created to support former US President Donald Trump. These types of cryptocurrencies are more advertising and symbolic than real applications.
Advantages:
1Specific community support: For those who support Trump, it can be a means of expressing loyalty.
2. Short-term investment opportunity: its value may increase in certain periods due to advertisements and news.
3. Political Symbol: Used as a symbolic asset for political purposes.
Disadvantages:
1Lack of real use: It is mostly advertising and lacks practical applications in daily life.
2. High risk: its price can fluctuate wildly and depend on Trump's popularity or political performance.
3. Lack of official supervision: It may fall into the category of low-credit projects and there is a risk of fraud.
Important note:
Before investing in any cryptocurrency, you should do thorough research and be aware of the
associated risk
#sanor016CommUNITY #Sanore016 #bitcoin #solana $BTC $SOL $BNB
Urgent: 🇺🇸 The chairman of the US Securities and Exchange Commission, Gary Gensler, has officially resigned
#sanor016CommUNITY #Sanore016 #CryptoSurge2025 News Fresh $BTC $XRP $XRP
#sanor016CommUNITY #Sanore016 #CryptoSurge2025 News Fresh $BTC $XRP $XRP
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