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Trump Signs Executive Order To Establish National Crypto Stockpile
Trump Signs Executive Order To Establish National Crypto Stockpile
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In a transformative action for the whole crypto sphere, President Donald Trump has formally enacted an executive order to establish a national digital asset reserve, as pledged during his campaign last year. The executive order establishes the Presidential Working Group on Digital Asset Markets, a strategic initiative designed to bolster US leadership in the crypto arena. This group is tasked with developing a comprehensive federal regulatory framework for digital assets, including stablecoins, which have gained popularity as a more stable form of cryptocurrency. The Working Group will reportedly be chaired by David Sacks, the White House AI & Crypto Czar. Members will include the Secretary of the Treasury and other key officials.
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