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Gate Square New & Returning Creator Rewards are ongoing!
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Breaking Nwes!!!
President Donald Trump has signed an executive order aimed at regulating stablecoins and exploring a national digital asset stockpile.
In a January 23 address, he introduced the initiative alongside David Sacks, his "AI and crypto czar,” who will chair an internal working group focused on making the U.S. a leader in the crypto space.
The executive order prohibits the issuance and use of a U.S. central bank digital currency (CBDC) while directing the working group to study a framework for stablecoins. This group would include key government officials, such as the treasury secretary and heads of regulatory agencies.
Trump mentioned that Sacks would benefit financially from the initiatives on AI and crypto and noted that the new order revokes a prior directive on crypto regulation established by former President Joe Biden.$BTC $SOL $TRUMP #TrumpMarketInsights BTC☀️ #Gate.ioNews