In a bold move to reform America's approach to digital currencies, President Donald Trump has signed an executive order establishing a cryptocurrency task force aimed at proposing new regulations for digital assets and exploring the possibility of creating a national cryptocurrency reserve. Among the highlights of the order, it mandates the creation of a "Crypto Working Group" to draft supportive legislation and calls for a study on the operational aspects of a Bitcoin reserve. Trump, in his remarks, stated, "We're going to make America the leader in cryptocurrency. We're going to innovate, not regulate innovation out of existence," emphasizing his vision to position the U.S. at the forefront of the digital economy. The task force will be led by David Sacks, Trump's appointed AI and Crypto
Crypto Task Force: Could Bitcoin Be a Strategic Reserve?
Trump signed an executive order to establish a cryptocurrency task force, responsible for proposing new regulations for digital assets and exploring the possibility of creating a national cryptocurrency reserve, fulfilling his promise to quickly reform U.S. crypto policy. The task force will be led by David Sacks, the AI and cryptocurrency commissioner appointed by Trump. ------------------- With new task force established, Is it possible for Bitcoin to become a strategic reserve?
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