The president of the United States, Donald Trump, signed an executive order on January 23 for the inclusion of bitcoin in the United States reserves, fulfilling a promise he made during his election campaign.
According to the information that broadcast by the Fox mediathe guidelines aim to form a Cryptocurrency Advisory Council in the White House, which is dedicated to starting the process for the creation of the reservationwhile working with Congress on legislation on cryptocurrencies and coordinate with agencies such as the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission and the Treasury (CFTC).
The working group will be chaired by David Sacks, the so-called cryptocurrency czar, appointed by Trump, and will include the Secretary of the Treasury, according to Fox. They add that “the executive order also establishes restrictions for the possible creation of a digital currency of the bank central (CBDC).
This is the first pro-cryptocurrency executive order in US history. More details are awaited on how exactly this reserve would be formed.
News in development
