Trump admin intensifies crypto rules

The Trump administration has strengthened the regulation of crypto assets through executive actions, aiming to develop the sector rather than wait for stalled legislation in Congress. These measures include accelerating the establishment of federal rules for stablecoins and processing new licensing applications, with the number of bank formation requests related to digital assets increasing eightfold, highlighting the importance of encryption in banking. The Securities and Exchange Commission has also proposed easing fundraising through digital tokens for startups, in an effort to support the growth of digital asset markets.

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