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Donald Trump forms cryptocurrency working group to reform US digit asset regulations, including banking services | Today News

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Donald Trump forms cryptocurrency working group to reform US digit asset regulations, including banking services | Today News

U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset regulations and exploring the creation of a national cryptocurrency stockpile, making good on his promise to quickly overhaul U.S. crypto policy.

The much-anticipated action also ordered that banking services for crypto companies be protected, alluding to industry claims that U.S. regulators have directed lenders to cut crypto companies off from banking services – something regulators deny. The order also banned the creation of central bank digital currencies in the U.S. which could compete with existing cryptocurrencies.

Also Read | Trump’s Stargate, Biden’s chip orders spur fears, policy actions in India

On the campaign trail, Trump courted crypto cash by pledging to be a “crypto president” and promote the adoption of digital assets. That is in stark contrast to former President Joe Biden’s regulators which, in a bid to protect Americans from fraud and money laundering, cracked down on the industry, suing exchanges Coinbase, Binance and dozens more, alleging they were flouting U.S. laws. The companies deny the allegations.

Thursday’s order was cheered by the crypto industry, which had been pushing for the new administration to send a strong signal of support in Trump’s first few days in office.

Also Read | Donald Trump’s meme coin drags crypto market — check how Bitcoin performed

“Today’s crypto executive order marks a sea change in U.S. digital asset policy,” said Nathan McCauley, CEO and co-founder of crypto company Anchorage Digital.

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“By taking a whole-of-government approach to crypto, the Administration is making a significant first step toward writing clear, consistent rules of the road.”

If implemented by the relevant regulators, Trump’s order has the potential to push cryptocurrencies into the mainstream, regulatory and crypto experts said. It follows Tuesday’s U.S. Securities and Exchange Commission announcement that it was creating a taskforce to overhaul crypto policy.

Bitcoin hit a fresh record high of $109,071 on Monday amid investor excitement over the new crypto-friendly administration, although it was down to about $103,000 as of late Thursday afternoon.

“Just days into his administration, President Trump is delivering on his promises… to keep the United States a leader in digital assets innovation,” Senator Tim Scott, the Republican chair of the Senate Banking Committee, said in a statement.

Also Read | Donald Trump’s crypto move: Executive order to make crypto national priority

The industry has for years argued existing U.S. regulations are inappropriate for cryptocurrencies and have called for Congress and regulators to write new ones clarifying when a crypto token is a security, commodity or falls into another category.

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The working group, which will include the Treasury secretary, chairs of the SEC and Commodity Futures Trading Commission, along with other agency heads, is tasked with developing a regulatory framework for digital assets, according to the order. That includes stablecoins, a type of cryptocurrency typically pegged to the U.S. dollar.

The group is also set to “evaluate the potential creation and maintenance of a national digital asset stockpile… potentially derived from cryptocurrencies lawfully seized by the Federal Government through its law enforcement efforts.”

The order did not provide further details on how such a stockpile would be set up and analysts and legal experts are divided on whether an act of Congress will be necessary. Some have argued the reserve could be created via the U.S. Treasury’s Exchange Stabilization Fund, which can be used to purchase or sell foreign currencies, and to also hold bitcoin.

In December, Trump named venture capitalist and former PayPal executive David Sacks as the crypto and artificial intelligence czar. He will chair the group, the order said.

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Earn $15,000 a Day with Cloud Mining — Cryptocurrency Enthusiasts Expect 200% Returns | Bitcoinist.com

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Earn ,000 a Day with Cloud Mining — Cryptocurrency Enthusiasts Expect 200% Returns | Bitcoinist.com

In the fast-moving world of cryptocurrency, simplicity and profitability are crucial. For beginners seeking an attractive option to earn a steady income with minimal effort, cloud mining presents an enticing opportunity. Let’s delve into the concept of cloud mining, with DDB Miner as a leading brand, and explore ways to earn $500 to $200,000 a day or more.

 

The appeal of new energy cloud mining

Cloud mining has long been a favorite among cryptocurrency enthusiasts due to its ease of use and ease of use. Unlike traditional mining, it does not require expensive hardware, technical expertise, or constant monitoring. Cloud mining simplifies the process, allowing anyone (without any experience) to participate in the crypto revolution.

 

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How to “Make Money with Money” in 2025? DDB Miner is for everyone (not just the rich)

 

DDB Miner Sign up now for a free cloud mining contract

 

Click to download the official app and take control of your financial freedom anytime, anywhere

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Cloud mining companies like DDB Miner use renewable energy (solar, hydro, tidal, wind, etc.) to power their data centers. This significantly reduces mining costs and enables the integration of surplus energy into the grid. This method can not only save a lot of energy consumption, but also generate high profits, allowing investors to see the potential of new energy.

 

DDB Miner: Where laziness and profit collide

DDB Miner takes cloud mining simplicity to the highest level, making it perfect for newbies. The platform’s user-friendly interface ensures that even cryptocurrency novices can navigate seamlessly. For DDB Miner, laziness is not a shortcoming; it is a path to success.

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As a pioneer in cloud mining services, DDB Miner has 89 mining farms around the world. We use the latest mining equipment and advanced cooling technology from Bitmain, Canaan and Nvidia, all powered by new renewable energy cycles. The platform has won the recognition and support of more than 9 million users with its stable returns and security.

 

Unimaginable profit potential

What makes DDB Miner different is its extraordinary daily passive income, which can earn $500 to $200,000 or even more per day, allowing users to realize their dreams of getting rich online. Imagine earning a considerable income without constant efforts or complex settings – this is what DDB Miner offers.

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Security and sustainability

In the field of mining, trust and security are crucial. DDB Miner understands this and puts the safety of users first. The company is committed to transparency and legality, ensuring that your investment is protected, allowing you to focus on profitability.

 

All mines use clean energy, pushing cloud computing power into the ranks of carbon neutrality. Renewable energy protects the environment from pollution while also bringing rich returns, allowing every investor to seize opportunities and gain benefits.

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Potential Earnings from $500-$200,000 Daily Passive Income from DDB Miner

Are you tired of the constraints that come with a traditional 9-to-5 job? Are you looking for a way to make money even when you sleep? Look no further than DDB Miner’s passive income opportunity. With the potential to earn $100 to $200,000 per day, this opportunity must be seized.

DDB Miner operates using solar energy and cryptocurrency mining. Individuals do not need to actively participate, just invest in its cutting-edge technology to earn substantial profits. It’s like having your own money-making machine!

DDB Miner Platform Benefits:

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Get an instant bonus of $12.00 upon registration.

 

High profit levels and daily payouts.

 

No additional service fees or high maintenance fees.

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The platform supports settlement of over 9 cryptocurrencies, including BTC, LTC, ETH, DOGE, BCH, SOL, XRP, BNB, USDC, and USDT.

The company’s affiliate program allows you to invite friends and receive referral bonuses of up to $3,000.

McAfee® and Cloudflare® security. 100% uptime guarantee and excellent 24/7 live human technical support.

Getting Started with DDB Miner:

Sign up for an account on the platform. The simple process takes only two minutes to complete. (One-click registration)

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Buy a mining contract. There are multiple options: $100, $500, $1,000. Each has its own ROI and term.

Start earning income the day after purchasing the contract. Once you reach $100, you can withdraw to your crypto wallet or continue to buy other contracts.

Join the affiliate program by inviting friends. Get a fixed bonus of up to $3,000 and increase your income potential without limits!

 

Choose a contract that suits your investment strategy:

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⦁ Classic contract: investment amount: $100, total net profit: $100 + $6.

 

⦁ Classic contract: investment amount: $500, total net profit: $500 + $31.5.

 

⦁ Classic contract: investment amount: $5,100, total net profit: $5100 + $2310.3.

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⦁ Classic Contract: Investment Amount: $8,100, Total Net Profit: $8,100 + $5054.4.

 

⦁ Premium Contract: Investment Amount: $10,500, Total Net Profit: $10,500 + $9187.5.

 

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⦁ Super Contract: Investment Amount: $300,000, Total Net Profit: $300,000 + $300,000

 

For more information on the new contract, visit the official website of the DDB Miner platform: ddbminer.com

 

Conclusion

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If you are looking for ways to increase your passive income, cloud mining is an excellent choice. If used properly, these opportunities can help you “automatically” increase your crypto wealth with minimal time investment.

 

DDB Miner offers an exciting opportunity for those who want to achieve financial freedom through passive income. With a potential income ranging from $500 to $200,000 per day, the platform’s scalability and innovative technology make it an attractive option for anyone who wants to easily increase their wealth. Act now to seize this golden opportunity!

 

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Cryptocurrency Trading in Indonesia Reaches $40 Billion in 2024 – Crypto News Bitcoin News

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Cryptocurrency Trading in Indonesia Reaches  Billion in 2024 – Crypto News Bitcoin News
Indonesia’s cryptocurrency trading activity experienced a 335.9% expansion in 2024, reaching Rp 650.61 trillion ($40.2 billion), as reported by the Jakarta Globe. The Commodity Futures Trading Regulatory Agency (Bappebti) attributed this exponential growth to an increasing user base and higher transaction volumes. Crypto Trading in Indonesia Soars as User Base Expands According to the report, […]
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Anthony Scaramucci discusses Trump’s cryptocurrency push

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Anthony Scaramucci discusses Trump’s cryptocurrency push
Anthony Scaramucci discusses Trump’s cryptocurrency push – CBS News

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Anthony Scaramucci’s time as White House communications director for the first Trump administration was short yet memorable, becoming a vocal critic of the president in the years since. Scaramucci joins “America Decides” to discuss cryptocurrency, Elon Musk and all things Trump.

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