President Donald Trump took another step toward his promise to make the U.S. the “crypto capital of the planet” on Thursday, signing an executive order aimed at promoting the domestic cryptocurrency sector and exploring the possibility of a new national digital asset stockpile.
Bitcoin passed the $100,000 mark for the first time just last December. Could this be the year crypto goes mainstream?
President Donald Trump signed an executive order for advancing crypto innovation in US and also exploring a national digital asset stockpile.
Trump's actions contrast sharply with those of former President Joe Biden’s administration, which had taken a more adversarial stance on crypto.
Until, of course, in 2013 the Silk Road was shut down by FBI agents and Mr Ulbricht, then 29 years old, was arrested in the science-fiction section of a San Francisco public library. In 2015, after a four-week trial,
Incoming first lady Melania Trump has launched her own cryptocurrency on the eve of her husband, President-elect Donald Trump, being inaugurated and days after he announced his own memecoin.
Trump launches second term quickly with dozens of efforts on immigration, government process and hiring, international affairs and some quirky policies.
U.S. SEC has revised its controversial SAB 121, a move that is expected to facilitate crypto adoption by traditional banking institutions.
Melania Trump launched a meme coin on the eve of her husband’s inauguration — causing his own new cryptocurrency to briefly tank amid a buying frenzy. The incoming first lady dropped news of the cryptocurrency — “$MELANIA” — on Sunday night — just days after her husband, President-elect Donald Trump, revealed his own newly created $TRUMP coin.
As part of the executive order, the creation of central bank digital currencies in the US has also been banned, which could compete with existing cryptocurrencies.