President Donald Trump has signed an executive order aimed at solidifying the United States’ position as a global leader in cryptocurrency and artificial intelligence (AI).
The order prohibits central bank digital currencies (CBDCs) and establishes a working group to develop clear regulations for the crypto industry.
This comprehensive directive outlines a framework designed to foster innovation, eliminate regulatory uncertainty, and safeguard individual financial sovereignty.
Following the announcement, Bitcoin (BTC), the world’s largest cryptocurrency, surged by 3%, reaching the $105,000 mark in Friday’s trading.
One of the most notable aspects of the executive order is the proposal to create a national crypto reserve. This “digital asset stockpile” would consist of cryptocurrencies seized by federal law enforcement agencies.
While Trump has previously suggested the idea of a national Bitcoin reserve, the order does not prioritize BTC alone. Instead, it includes…
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