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President 
Donald Trump has signed an executive order to create a cryptocurrency working group, a major step for regulation in the US around the crypto space.
What’s the Scoop?
- Goal of the Group: The crypto working group looks to assist in crafting a regulatory framework for cryptocurrencies.
- Regulatory Alignment: This move shows Trump's commitment to helping regulatory clarity for the crypto space
- Members of the Group: The group will include representatives from key government agencies, such as the Treasury, SEC, and CFTC.
Bankless Take
Creating the crypto working group is a turning point for the crypto industry in the US. It will be interesting to see what crypto-related companies will be given a seat and how they will assist in putting together the regulatory framework for the crypto industry to truly flourish in the US.
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