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Business Creator

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As of January 24, 2025, here are the latest developments in the cryptocurrency industry: 1. Presidential Executive Order on Cryptocurrency President Donald Trump has signed an executive order titled "Strengthening American Leadership in Digital Financial Technology," aiming to regulate and promote the cryptocurrency industry. The order seeks to protect access to public blockchain networks and promote the development of dollar-backed stablecoins. It prohibits the creation and use of central bank digital currencies (CBDCs) in the U.S. and revokes previous cryptocurrency-related orders. Additionally, it establishes the Presidential Task Force on Digital Asset Markets, led by David Saks, which is tasked with presenting regulatory proposals within 180 days.

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