Agencies are prohibited from establishing or introducing Central Bank Digital Currencies (CBDC) in the US or abroad. A Presidential Working Group on Digital Asset Markets has been established to propose regulatory and legislative initiatives. The Working Group will propose a federal regulatory framework for digital assets, including stablecoins, within 180 days. The Working Group will assess the possibility of creating a national digital asset stock and will propose criteria for the creation of such a stock that could be derived from cryptocurrencies legally seized by the Federal Government.#Gate.io Reserves Surpass $10 Billion #GT Hits ATH
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Executive Orders by Donald Trump:
Agencies are prohibited from establishing or introducing Central Bank Digital Currencies (CBDC) in the US or abroad.
A Presidential Working Group on Digital Asset Markets has been established to propose regulatory and legislative initiatives.
The Working Group will propose a federal regulatory framework for digital assets, including stablecoins, within 180 days.
The Working Group will assess the possibility of creating a national digital asset stock and will propose criteria for the creation of such a stock that could be derived from cryptocurrencies legally seized by the Federal Government.#Gate.io Reserves Surpass $10 Billion #GT Hits ATH