Revocation of Biden's Orders: Donald Trump Aims for Cryptocurrencies and AI

user avatar

by Giorgi Kostiuk

2 years ago

Recently elected US President Donald Trump has revoked several actions by his predecessor Joe Biden, including AI regulation, indicating interest in Web3, blockchain, and cryptocurrencies.

Trump's Executive Orders: What's Expected?

Experts, including Eleanor Terrett, believe Trump will issue an executive order to create a cryptocurrency advisory council. Sources suggest this order would establish a forum for policymakers and business leaders, deemed necessary for the sector's development.

CBDC Ban Speculation

Terrett reveals Trump might issue an executive order banning the creation of a Central Bank Digital Currency (CBDC). In March 2022, Joe Biden signed an order discussing the possibility of developing a US CBDC.

Uncertainty Around the Timing

The new administration has yet to announce any aggressive pro-crypto policies, contrary to expectations. Though optimistic about potential EO releases, Terrett admits predicting their exact timing is challenging.

Trump's anticipated executive orders could reshape the US crypto landscape, fostering innovation while curbing centralized digital currencies.

Tier I

Sector: #18291

Sealed Cache Room

Resource Cache

Resource Cache

Tier I

Requires 25% Tier Progress to Claim
Meme Cache

Meme Cache

Tier I

Requires 50% Tier Progress to Claim
Equipment Cache

Equipment Cache

Tier I

Requires 75% Tier Progress to Claim

After collecting, caches will be stored in your inventory and can be opened with Keys.

Other news

New SEC Report Published.

chest

A report has been released based on information provided by the SEC, aimed at informing the public and increasing transparency regarding its activities.

user avatarFilippo Romano

Gal Gadot Embraces AI in New Bitcoin Thriller

chest

Gal Gadot stars in the AI-produced Bitcoin thriller 'Bitcoin Killing Satoshi', acknowledging the need to adapt to new technologies in film.

user avatarEmily Carter

Sorare Faces Legal Challenges Over Gambling Allegations

chest

Sorare is facing legal challenges from the Gambling Commission regarding its operations and the classification of its fantasy soccer game.

user avatarKaterina Papadopoulou

NCA Freezes £136 Million Linked to Premier League's Sponsorship Deal

chest

The UK's National Crime Agency has frozen over £136 million in a bank account belonging to the Premier League amid an investigation into a crypto sponsorship deal.

user avatarTomas Novak

Shyft Finance Launches First Two Yield Vaults on Ethereum

chest

Shyft Finance is preparing to launch its first two curated yield vaults, shCORE and shYIELD, on the Ethereum blockchain.

user avatarLeo van der Veen

shYIELD and shCORE Vaults Set to Open for Pre-Deposits

chest

Shyft Finance's shYIELD and shCORE vaults are approaching their pre-deposit phase, with the company set to publish access information and final allocation details soon.

user avatarMaya Lundqvist

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.