The United States will be the capital of cryptocurrencies
The President of the United States signed this Thursday, January 23, the order to turn the nation into a world leader in cryptocurrencies
This Thursday, January 23, the President of the United States, Donald Trump, signed the executive order for the creation of working groups focused on turning the nation into a leader in cryptocurrencies.
Trump, who maintained a reserved attitude towards digital currencies before entering the presidential race, has opted to give full support to cryptocurrencies, especially Bitcoin.
In fact, he recently launched his Trump memecoin, which revolutionized the market and prompted the first lady to do the same with her Melania memecoin.
In any case, the signing of the order “allows the United States to become the center of innovation in digital financial technology by stopping the laws and regulations that have stifled crypto innovation in previous administrations.”
The measure signed by Trump “authorizes the creation of a working group led by the White House czar on artificial intelligence and cryptocurrencies, David Sacks, and which, among other tasks, will evaluate the creation of a national strategic reserve of digital assets.” The appointed group will have a period of six months to make the relevant recommendations to the president.
However, it should be clarified that the executive order “prohibits the establishment of a central bank digital currency (CBDC).” In addition, it revokes a measure of the Joe Biden Administration that “suppressed innovation and undermined the economic freedom of the United States and global leadership in digital finance.”
M.Pino
Source: rtve
(Reference image source: Kanchanara on Unsplash)
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