politics / policies
3 hours ago

Trump's Bold Move: Cryptocurrency Regulation and Digital Asset Stockpile

Trump's Bold Move: Cryptocurrency Regulation and Digital Asset Stockpile
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7 Highlights
  • Trump signs order to overhaul US cryptocurrency regulations.
  • New order repeals 2022 Biden-era digital asset rules.
  • CBDCs are banned, favoring private stablecoins.
  • SEC joins working group to clarify crypto regulations.
  • Senator Lummis supports crypto to boost the US dollar.
  • Order aims to protect rights to engage with blockchain.
  • Critics worry about Trump's crypto holdings influencing policy.
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