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Trump signs executive order promoting crypto, paving way for digital asset stockpile - TL;DR CNBC

Trump signs executive order promoting crypto, paving way for digital asset stockpile

Publishing timestamp: 2025-01-23 21:11:35


Summary

President Trump signed an executive order to promote the advancement of cryptocurrencies in the U.S. and potentially develop a national digital asset stockpile. The order focuses on establishing technology and rules around crypto, including protecting individuals and companies that use blockchain networks. Trump also pledged to defend the rights of those who self-custody their digital assets and support the growth of legitimate, dollar-backed stablecoins globally. Key appointments have been made to government positions to support the cryptocurrency sector.


Sentiment: MIXED

Tickers: ETH=BTC.CM=COINLTC.CM=

Keywords: gary genslerpoliticsenergytechnologylitecoin/usd coin metricsbitcoindonald j. trumpbitcoin/usd coin metricsether/usdjoe bidencryptocurrencyfintechbreaking news: politicsbusiness news

Source: https://www.cnbc.com/2025/01/23/trump-signs-executive-order-on-crypto-digital-asset-stockpile.html


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