Donald Trump Plans a Cryptocurrency Executive Order
According to Bloomberg, the new US administration is considering issuing an executive order that will declare the development of cryptocurrency a national priority. This could be a significant step in federal regulation of digital assets.
Key Provisions of the Order
- Creation of a Cryptocurrency Advisory Council. Plans include forming a group of experts to promote policy priorities regarding cryptocurrency.
- Review of Ongoing Legal Cases. There may be a temporary suspension of cryptocurrency-related cases to reassess the regulatory approach.
Objectives of the New Order
This order aims to strengthen the US position in the global cryptocurrency industry. The proposed approach is expected to:
- Create a more transparent and secure ecosystem for users and investors.
- Accelerate the integration of cryptocurrency technologies into traditional financial systems.
- Attract innovative projects and startups to the US.
Prospects and Potential Changes
It is expected that the draft order could be signed on Donald Trump's inauguration day. However, the document is still under development and may undergo changes. The implementation of the order will signal the US's readiness to actively support the development of cryptocurrency technologies.
