Trump may exclude SEC and FDIC from cryptocurrency task force
former US President Trump signed an executive order aimed at addressing the banking challenges faced by Web3 company, which established a digital asset market working group. However, it is worth noting that the Securities and Exchange Commission (SEC) and the Federal Deposit Insurance Corporation (FDIC) are excluded from the working group. In addition, the working group will be responsible for finding ways to promote the US's leadership position in the cryptocurrency industry and "assessing the possibility of establishing a national digital asset strategic reserve".
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitcoin Sets Higher Lows—Can Bulls Target $88K Resistance?
Solana Faces 50% Drop Risk as $125–$137 Range Holds the Key Amid Market Volatility
Panama City Council makes history as the first government institution accepting crypto payments
Share link:In this post: Panama City council voted in favor of becoming the first public institution of government to accept payments in cryptocurrencies. Citizens will now be able to pay taxes, fees, tickets and permits entirely in crypto starting with BTC, ETH, USDC, and USDT. The city partnered with a bank that will receive crypto payments and convert them on the spot to U.S. dollars, allowing for the free flow of crypto in the entire economy.
EnclaveX launch brings fully encrypted, cross-chain futures trading to retail investors
Trending news
MoreCrypto prices
More
