Bitcoin Is Entering Its Most Bullish Period In HISTORY!

CryptosRUs

Introduction to Cryptos are us

President Trump signed an executive order on cryptocurrencies, paving the way for a digital asset stockpile, not just Bitcoin.

Key Points

  • The executive order is a positive development for the crypto industry.
  • Trump's statement suggests that the US will make a lot of money from crypto and become a manufacturing superpower and the world capital of artificial intelligence and crypto.
  • Cynthia Loomis will be the chair of the Senate banking subcommittee on digital assets, overseeing the strategic reserve.

Recent Developments

  • The CC kicked off a crypto task force to create a new framework for Bitcoin.
  • The SAB 121 rule allowing banks to custody Bitcoin has been rescinded.
  • The SEC is launching a crypto task force with Hester Pierce to form a new regulatory framework for crypto.

Other News

  • Ross Ulbricht, founder of Silk Road, was pardoned by Trump after serving 12 years in prison.
  • CEOs of major banks are giving praise to Bitcoin, acknowledging its value as a store of value, medium of exchange, and hedge against inflation.