Trump's Executive Order Boosts Crypto Sector with Supportive Regulations

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Bloomberg

144Words

Jan 24, 2025

President Donald Trump has signed an executive order that is seen as a positive step for the digital-asset sector. This order establishes a working group of key agencies to advise the White House on cryptocurrency policy, recognizing the industry's crucial role in US innovation, economic development, and international leadership. The move is expected to accelerate the development of a favorable regulatory environment for cryptocurrencies.

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