Trump Administration Introduces New Regulatory Framework for US Cryptocurrency Landscape
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The Trump administration is making significant moves to reshape the US crypto landscape by introducing new policies aimed at fostering innovation and integrating digital assets into the country’s economic framework.
In a major departure from the previous administration’s enforcement-focused approach, the Trump administration has initiated a comprehensive regulatory overhaul. Key measures include dismantling Biden-era policies and establishing a new federal regulatory framework for digital assets.
The administration started by signing two executive orders shortly after taking office. The first order repealed several prior policies, including a ban on creating a U.S. central bank digital currency (CBDC). This move marked a significant shift away from the previous administration’s stance on cryptocurrency regulation.
Furthermore, the President’s Working Group on Digital Asset Markets was established by the second executive order to develop a comprehensive federal regulatory framework for digital assets.
Source: Blockchain.News
