Trump 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.
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Total News Sources0
Leaning Left24Leaning Right33Center24Last UpdatedBias Distribution41% Right
Bias Distribution
- 41% of the sources lean Right
41% Right
L 30%
C 29%
R 41%
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