💨 Abstract
President Trump ordered a new working group to draft crypto regulations and explore a U.S. cryptocurrency stockpile, causing a slight increase in crypto markets, but they remain below recent highs. Trump's executive order also protected banking services for crypto companies and banned the development of U.S. central bank digital currencies. Bitcoin was trading at around $106,000 on Friday.
Courtesy: theprint.in
Summarized by Einstein Beta 🤖
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