
Trump has signed an executive order to create a federal framework for digital assets and establish a crypto advisory council.
On Jan. 23, U.S. President Donald Trump signed an executive order establishing a cryptocurrency working group, fulfilling his campaign promise to be a "crypto president."
The move aims to establish a comprehensive federal framework for cryptocurrency regulation while building the foundation for a "Bitcoin reserve,” Fox reported.
The advisory group will focus on developing digital asset policies, collaborating with Congress to craft crypto-friendly legislation, and coordinating efforts between key regulatory agencies, including the Securities and Exchange Commission (SEC), the Commodity Futures Trading Commission (CFTC), and the Treasury Department.
A central objective of the initiative is to evaluate the establishment of a Bitcoin reserve, referred to in the executive order as a “digital asset stockpile."
Source - The Street Roundtable
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