Dreyfuss and Lisa Pauline Mattackal WASHINGTON (Reuters) - President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.
Trump's Executive Order promotes digital asset rights, bans CBDCs, and sets up a Bitcoin Strategic Reserve, boosting Bitcoin's potential value. Read my BTC thesis.
Trump’s new crypto executive order excludes both the Fed and the FDIC from crypto working groups, which could end crypto debanking efforts.
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.
Trump is a man in a hurry, and social media is buzzing with questions about whether he will fulfill his promise of a strategic Bitcoin reserve.
President Trump signed an executive order establishing a crypto advisory group and exploring a national digital asset stockpile while prohibiting CBDCs and affirming crypto rights.
The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.
There are already media reports that other nations, including Japan, Russia and China, are accumulating bitcoin ahead of a possible SBR announcement by the US. And Trump has even indicated that he might repeal a controversial crypto accounting rule that would allow banks to hold more bitcoin.
Major U.S. banks Morgan Stanley and Bank of America are exploring cryptocurrency service offerings while awaiting regulatory clarity, marking a shift in traditional banking's approach to digital assets.
Discover new crypto releases causing a frenzy among investors. Stay ahead and learn about the latest opportunities in the crypto market.
Ongoing presidential backing for digital assets is a key determinant for the continuation of 'crypto's golden era,' the report said.