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Trump signs executive order to establish cryptocurrency working group, requiring assessment of strategic digital asset reserves
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3 hours ago 4,795
Golden Finance reported that U.S. President Donald Trump signed an order on Thursday to establish a cryptocurrency working group, fulfilling his campaign promise after raising funds from digital asset companies and promising to become a "cryptocurrency president." It is reported that the task force is tasked with developing a federal regulatory framework for managing digital assets, including stablecoins, and evaluating the creation of a strategic national digital asset reserve. As previously reported, the CryptoCommittee is expected to provide advice on digital asset policy, work with Congress on crypto legislation, help build Trump’s promised Bitcoin reserve, and coordinate efforts including the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission and the Treasury Department. Collaboration between agencies.
Keywords: Bitcoin
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