Trump Signs Executive Order Promoting Crypto

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Hey crypto trailblazer, 👋

It’s official—Donald Trump is now the 47th President of the United States, and he’s wasting no time shaking things up. In a historic move, Trump has not only become the first president to embrace cryptocurrency as a cornerstone of his administration, but he’s already taking decisive action to reshape U.S. crypto policy.

From executive orders to meme coin mayhem, the crypto world is buzzing with activity—and we’ve got all the key highlights. Here’s what you need to know:

📜Trump’s Crypto Executive Order

President Donald Trump is taking bold steps to reshape the U.S. crypto landscape.

On Thursday, he signed an executive order establishing a "Working Group on Digital Asset Markets," tasked with developing a comprehensive regulatory framework for digital assets. The group will also explore the creation of a national digital asset stockpile, potentially sourced from assets seized by the federal government.

In a significant policy stance, the order prohibits the establishment of a central bank digital currency (CBDC) in the United States, aligning with Trump’s commitment to fostering a pro-crypto environment. The initiative will be led by newly appointed "Crypto Czar" David Sacks and includes high-profile figures like the Treasury Secretary and SEC Chairman.

Trump’s decisive action has industry leaders optimistic about the future, with many describing this as a potential ‘golden age’ for digital assets in the U.S.—a shift that could unlock innovation and growth across the sector.

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🔥 Trump’s Memecoins Ignite Crypto Frenzy

Just days before his inauguration, Donald Trump launched the $TRUMP meme coin, which skyrocketed in value, hitting a market cap of $5 billion within hours. However, the hype was short-lived—when Melania Trump unveiled her own token, $MELANIA, the market reacted with a selloff, bringing $TRUMP back down to earth.

Meanwhile, all this meme coin frenzy sent trading activity on the Solana blockchain through the roof. Solana's decentralized exchange (DEX) volume hit a record-breaking $163 billion in January, fueled by speculation and trading around the Trump family’s tokens.

📊 Does This Affect Other Altcoins?

While Trump coins are stealing the spotlight right now, the buzz they’ve created could bring much-needed attention and liquidity to the broader market. As the hype settles, the groundwork being laid—both by policy changes and increased trading activity—could pave the way for a stronger, more dynamic altcoin market.

Stay epic,

Epic Crypto News Team

DISCLAIMER: This newsletter is for educational purposes only. Nothing here is financial advice. Do your own research before making any investment decisions. Crypto markets are volatile and risky. Only invest what you can afford to lose.

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