US President’s WG on Digital Asset Markets unveils bold plans to make US the crypto capital – backing CFTC oversight, stablecoin rules, a CBDC ban, sharper AML rules and tax reforms to drive innovation

The mission of the President’s Working Group on Digital Asset Markets is to develop a cohesive and forward-looking regulatory framework that promotes responsible innovation in digital financial technologies. It is also tasked with enhancing the United States’ strategic position in global digital finance through coordinated oversight, risk management, and the establishment of national digital asset reserves…