On Thursday, U.S. President Donald Trump announced the formation of a dedicated cryptocurrency working group to propose new regulations and explore the concept of a national cryptocurrency reserve, fulfilling his campaign promise to reform U.S. crypto policy. The directive, welcomed by the crypto industry, aims to safeguard banking services for crypto companies and prohibits the creation of competing central bank digital currencies. With Bitcoin reaching new highs, experts see Trump’s initiative as a pivotal shift in U.S. digital asset policy that could propel cryptocurrencies into the mainstream.
