US EditionTrump signs executive order promoting crypto, paving way for digital asset stockpile
- President Donald Trump signed an executive order to promote artificial intelligence and revoke previous policies that hinder AI innovation, as reported by the Associated Press.
- The order establishes the Presidential Working Group on Digital Asset Markets to strengthen U.S. leadership in digital finance, according to a White House release.
- The working group will develop a federal regulatory framework for digital assets and submit a report to the President within 180 days, as stated in the executive order.
- The order prohibits agencies from establishing or promoting central bank digital currencies, reflecting Trump's stance against such currencies, according to Fox.
259 Articles
259 Articles
The Washington Hispanic
U.S. President Donald Trump banned Thursday by decree that the Federal Reserve (Fed) develop a digital currency, an issue in which the central bank never really advanced. The new decree prohibits "creating, issuing or promoting a digital currency from a central bank (CBDC)" and orders "ending" any work linked to this possibility. The alternative of a digital dollar was the subject of reflection by the U.S. central bank, although there was no res…
Crypto, AI and the End Times: Is America Leading the Future?
Yesterday, President Trump signed an executive order directed at none other than cryptocurrency. However, could the signing of this executive … Read More The post Crypto, AI and the End Times: Is America Leading the Future? first appeared on Charisma News. The post Crypto, AI and the End Times: Is America Leading the Future? appeared first on Charisma News.
The American president wants to transform the United States into a global center for digital assets, according to a presidential decree signed on Thursday. But it also prohibits the Federal Reserve from working on a digital dollar. Donald Trump's sacrosanct “America First” principle also applies to cryptos. The American president said he wanted to make the United States “the world capital” of digital assets during his speech broadcast at the Dav…
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