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Trump’s Digital Asset Executive Order: Here’s What’s Inside

Donald Trump’s executive order on crypto, titled “Strengthening American Leadership in Digital Financial Technologies,” has been signed. Here’s exactly what’s inside the order – which utterly revokes that of the more crypto-hostile Biden administration from two years ago. Broadly, the order establishes the “President‘s Working Group on Digital Asset Markets.” It will be chaired by David Sacks – the special advisor for AI and crypto – and include heads of several other agencies like the Treasury Secretary, Attorney General, SEC chairman, and CFTC chairman. Next, the order tasks the DOJ, Treasury, and SEC to identify all recommendations and policies made to crypto within 30 days, and to submit recommendations for whether they should be revised or kept within 60 days. Within 180 days, the Working Group must submit a report to the President with policy recommendations surrounding crypto. In particular, they must propose a regulatory framework for the “issuance and operation of digital assets, including stablecoins.” It must also “evaluate the potential creation and maintenance of a national digital asset stockpile” – reminiscent of the stockpile Trump promised to establish for Bitcoiners in July 2024. This stockpile would potentially be “derived from cryptocurrencies lawfully seized by the Federal Government,” the order stated. The working group will hold public hearings gathering input from crypto industry leaders and experts in establishing their framework. Finally, the order prohibits federal agencies from “undertaking any action to establish, issue, or promote CBDCs within the jurisdiction of the United States or abroad.” The Republican Party – now controlling the House, Senate, and Presidency – has long opposed Democrats’ desire to establish a CBDC. Trump has already followed through on several promises to the Bitcoin community, including granting a pardon to Silk Road founder Ross Ulbricht. The post Trump’s Digital Asset Executive Order: Here’s What’s Inside appeared first on CryptoPotato . Crypto Briefing

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ADA and XRP Supporters Place Big Bets on Remittix: Shaping the Future of Global Crypto Transactions

The cryptocurrency market is brimming with fresh opportunities, especially as the ongoing bull run promises another significant surge. As the market heats up, investors from Cardano and Ripple have identified a new crypto gem, Remittix , which is set to deliver substantial gains in the 2025 bull market. Offering cutting-edge blockchain solutions for international payments, Remittix (RTX) is steadily reshaping the financial landscape. Analysts widely view it as the top cryptocurrency to invest in right now for impressive returns. Cardano Navigates Market Turbulence Following a strong run, Cardano has seen a notable dip, decreasing by 1.9% over the past week. This decline has been largely driven by macroeconomic factors, particularly inflation concerns spurred by unexpectedly strong U.S. employment figures. Despite the drop in ADA`s price, Cardano remains a key player in the crypto arena, with $1.16 billion in open interest reflecting investor confidence. Looking ahead, anticipated changes in U.S. crypto tax policies are stoking optimism for a rebound. Analysts suggest that ADA could see further gains if it holds support at $0.90. Cardano`s resilience underscores its capability to withstand market fluctuations, highlighting the importance of diversification. As they navigate these challenges, many ADA investors are exploring new avenues like Remittix to enhance their investment portfolios. Ripple`s Prospects Dim Despite Positive Outlook Ripple`s XRP, currently priced at $3.16, has seen a 12.5% rise in the past week. Experts attribute this growth to several influencing factors. One key factor is the recent launch of Ripple USD (RLUSD), a stablecoin tied to the US dollar. This development is expected to enhance XRP’s functionality and draw more users to the Ripple network. As a result, crypto analyst Javon Marks predicts that XRP could soar to $16.50, achieving over 7,200% gains, potentially driving prices up to $168. This positions Ripple’s XRP as a leading altcoin to invest in during the DeFi surge. Nonetheless, XRP investors are turning their attention to Remittix, a promising new prospect, poised for significant price movement in the upcoming bull run. Remittix Poised for Significant Growth Cross-border payments, valued at about $150 trillion in 2017, are projected to reach $250 trillion by 2027. By integrating blockchain technology with traditional banking, Remittix is carving out a substantial share in this vast market, offering a seamless and efficient solution for global transactions. Remittix enables users to quickly convert over 40 cryptocurrencies into fiat currency, which can then be transferred directly to any bank account worldwide. What sets Remittix apart is its simplicity. Recipients simply receive a typical bank transfer, unaware that it originated as a cryptocurrency transaction. With its innovative features, users can manage their funds with complete freedom and flexibility. The platform is challenging established players like Coinbase, Wise, and Stripe. However, unlike these traditional platforms, Remittix uniquely facilitates sending money via cryptocurrency, converting it, and depositing it instantly into a bank account. Businesses can now accept crypto payments from customers and process fiat transactions to designated bank accounts using Remittix`s Pay API. Additionally, companies can create merchant accounts, giving them full control over their cryptocurrency payouts and access to more than 50 cryptocurrency pairs and over 30 fiat currencies. Remittix (RTX) is experiencing a surge in investor interest. With tokens priced at just $0.0282 and over $5.3 million raised in the $RTX presale, enthusiasm is high. Market experts foresee a remarkable 5,000% increase following launch and an 800% rise before the presale ends. As Remittix leads the way, now is an ideal time to delve into the world of cross-border payments. Explore the future of PayFi with Remittix by visiting their presale here: Website: https://remittix.io/ Socials: https://linktr.ee/remittix Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the views of Bitzo, nor is it intended to be used as legal, tax, investment, or financial advice. Crypto Briefing