• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

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

user avatar

by Giorgi Kostiuk

a year 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.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

XRP Ledger Development Continues Amid Regulatory Scrutiny

chest

The latest release of the XRP Ledger highlights ongoing development and improvements in the protocol, emphasizing the importance of functionality beyond regulatory headlines.

user avatarLi Weicheng

Uniswap Introduces New Editorial Standards

chest

Uniswap has recently implemented a strict editorial policy that focuses on accuracy, relevance, and impartiality to enhance the quality of information on its platform.

user avatarMohamed Farouk

Stripe Reinforces Its Editorial Standards

chest

Stripe has announced a strict editorial policy that focuses on accuracy, relevance, and impartiality in its reporting.

user avatarAisha Farooq

Coinbase Adds Wormhole Token to Its Platform

chest

Coinbase has added the Wormhole token to its platform, highlighting the importance of crosschain connectivity in the crypto market.

user avatarTenzin Dorje

Bitcoin Staking Sparks Market Debate

chest

The introduction of Bitcoin staking has divided opinions in the market, with some viewing it as a productive evolution while others see it as unnecessary complexity.

user avatarElias Mukuru

Solana's SIMD0096 Vote Influences Validator Economics

chest

The SIMD0096 vote on Solana is set to change the distribution of priority fees, impacting validator incentives and network behavior.

user avatarBayarjavkhlan Ganbaatar

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.