KOMPUTER JADUL-, President US Donald Trump has taken a major step in supporting the crypto industry by signing an executive order that effectively reverses the restrictive digital asset policies imposed during Joe Biden's term.
In his remarks at a meeting, Trump asserted that the era of restrictions on Bitcoin and crypto is over.
"We have ended that war completely", Donald Trump said, referring to the policies of the previous administration that were considered to have hampered the development of the digital asset industry, quoted from Coinmarketcap, Friday (21/2/2025).
Presidential Working Group on Digital Assets
As part of this new policy, Trump formed the Presidential Working Group on Digital Asset Markets, consisting of top government officials and financial regulators.
The group's main task is to develop a federal regulatory framework that is friendlier to digital asset trading and consider the possibility of establishing a national digital asset reserve.
The move has been well received by the crypto community, who see it as a turning point for the digital asset industry in the United States.
The executive order is expected to encourage innovation, accelerate the adoption of digital assets, and attract back crypto companies that previously left due to strict regulations under the previous administration.
With this new policy, the US has the potential to become a global crypto innovation hub, while also opening up new opportunities for investors and blockchain industry players.
Disclaimer: Every investment decision is in the hands of the reader. Learn and analyze before buying and selling Crypto. We as news journalists are not responsible for the profits and losses arising from your investment decisions.
No comments
Post a Comment