U.S. House Financial Services Committee Chairman: Supports Trump's Digital Assets Executive Order
U.S. House Financial Services Committee Chairman French Hill and Subcommittee on Digital Assets, Financial Technology and Artificial Intelligence Chairman Bryan Steil issued a joint statement expressing support for Trump's signing of an executive order related to digital assets. The two chairmen said that the President's Task Force on Digital Asset Markets will strengthen U.S. leadership on the international stage. Notably, they also emphasized their stance on banning the issuance of central bank digital currencies (CBDCs) in the U.S., arguing that it is consistent with the goal of protecting Americans' financial privacy.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Former senior official of the Bank of Japan predicts that a rate hike in October is "a real possibility," with a very low probability of postponement until next year
A former executive director in charge of monetary policy at the Bank of Japan stated that the Bank of Japan may raise its benchmark interest rate for the second consecutive month at the October policy meeting, which would be earlier than most economists expect.
Falling Oil Could Trigger a 10% Stock Market Rally, Says Wall Street Strategist
Bitcoin falls below $84,000, down 0.32% in 24 hours.
Retail investors exit, institutions take over! Amid the US Treasury storm, "smart money" moves in instead of withdrawing: $18.4 billions in options capital flows into US stocks, AI remains the top choice.
The latest data shows that institutional investors are taking over as the main drivers of the US stock market.
Crypto prices
More
