With the arrival of President Donald Trump’s administration, the cryptocurrency industry is urging for an executive order that would ban the U.S. Central Bank Digital Currency (CBDC), or Digital Dollar. During his presidential campaign last May, Trump made a similar promise to the industry, and now is the time to fulfill that commitment. Additionally, growing demands call for Trump to sign an executive order supporting a strategic Bitcoin 
$102,699 reserve.
Crypto Council and the Ban on CBDC
According to Fox Business journalist Eleanor Terret, President Trump is expected to sign two significant executive orders related to cryptocurrency. One order is anticipated to establish a special crypto council, while the other is expected to prohibit the creation of a Central Bank Digital Currency (CBDC).
Reports indicate that the Crypto Council will convene this Thursday, and the crypto indu...
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