Trump Signs Crypto Executive Order, Charting a Path for US Digital Assets
2025-01-23
President Trump signed a long-awaited executive order on cryptocurrencies, setting a federal agenda to bring US digital asset businesses under friendlier oversight. The order establishes a working group to review existing regulations and propose modifications or revocations within 180 days. It also bans the development of a US central bank digital currency (CBDC). The move is seen as positive for the crypto industry, causing a brief spike in Bitcoin's price before a retracement.
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Cryptocurrency