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JadeJester
@jadejester
Trump Signs First Executive Order on Crypto! Yesterday, during his speech at Davos, Donald Trump declared his vision to make the U.S. the "world capital of artificial intelligence and cryptocurrencies." ✅ Later, he signed his first executive order on cryptocurrency: https://www.whitehouse.gov/presidential-actions/2025/01/strengthening-american-leadership-in-digital-financial-technology/ Key Points of the Order: — A Presidential Working Group on Digital Asset Markets will be established. Its role: Develop a regulatory framework for digital assets and assess the creation of a "national digital asset reserve." — CBDCs (Central Bank Digital Currencies) are officially banned in the U.S. — The SEC has also taken action, revoking SAB 121, a policy that discouraged banks from holding cryptocurrencies. 📍 Side Note: Trump humorously commented on his meme coin: "I don’t know much about it, except that I launched it." "I heard it was very successful. I haven’t checked."
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