President Donald Trump ordered the creation of a digital asset working group on Thursday which, among other things, would be tasked with exploring a U.S. cryptocurrency stockpile.
During 2024’s presidential election, the crypto industry gave generously to Donald Trump, lobbying hard for him to win. Now that their guy is in the White House, they’re hoping he will deliver on his promise to make America the “world capital” of cryptocurrency.
Trump's Executive Order promotes digital asset rights, bans CBDCs, and sets up a Bitcoin Strategic Reserve, boosting Bitcoin's potential value. Read my BTC thesis.
The cryptocurrency industry has pushed President-elect Donald J. Trump to establish one, creating real political momentum behind the plan.
President Trump signed an executive order establishing a crypto advisory group and exploring a national digital asset stockpile while prohibiting CBDCs and affirming crypto rights.
Trump is a man in a hurry, and social media is buzzing with questions about whether he will fulfill his promise of a strategic Bitcoin reserve.
The new business venture by the Trump family is generating intensifying criticism and ethics questions, even as it has turned into an overnight phenomenon, generating a windfall on paper.
Major U.S. banks Morgan Stanley and Bank of America are exploring cryptocurrency service offerings while awaiting regulatory clarity, marking a shift in traditional banking's approach to digital assets.
There are already media reports that other nations, including Japan, Russia and China, are accumulating bitcoin ahead of a possible SBR announcement by the US. And Trump has even indicated that he might repeal a controversial crypto accounting rule that would allow banks to hold more bitcoin.
President Donald Trump's omission of cryptocurrency in his inaugural address has raised doubts about the administration's immediate commitment to crypto-friendly policies.
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