US President Donald Trump has unveiled a long-awaited executive order on cryptocurrencies that directs his administration to establish friendly policies to put the industry on solid footing in the United States and work to establish an “asset reserve.” digital”.
After years of legal battles with federal authorities, Trump’s order could allow the digital asset sector to move forward in the United States with a more welcoming framework established by the White House. Such orders are more of a beginning than an end in federal policy, but the pro-crypto president has taken that first step, Bloomberg reported on Thursday.
When Trump failed to issue it among his initial series of executive orders, crypto experts became increasingly tense about the new relationship he promised. But behind the scenes, leaders of U.S. markets regulators — the Securities and Exchange Commission and the Commodity Futures Trading Commission — were already preparing this week to take digital asset companies off the shelf. sanctions of several years in which they were maintained by officials of the previous agency.
