Trump issues executive order on crypto: Here’s what it says
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Trump Executive Order aims to make the U.S. a global hub for blockchain technology
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Jonathan Jachym, Kraken’s global head of policy for crypto exchange Kraken, said in a statement, “We’re thrilled to see immediate Executive Order action by President Trump to establish the Presidential Working Group on Digital Asset Markets and address key issues critical to the crypto industry.”
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Trump has been a vocal supporter of a federal Bitcoin reserve to hedge against inflation. Proponents of the move say it would legitimize the cryptocurrency as a store of value and drive up its price.
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