President Trump: Crypto working group ordered to draft new regulations
U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset […]
U.S. President Donald Trump on Thursday ordered the creation of a cryptocurrency working group tasked with proposing new digital asset […]
Trump signed a flurry of executive orders within hours of taking the oath of office on Monday, pulling the United States out of the Paris Climate Accords and the World Health Organisation (WHO), and undoing many of his predecessor’s policies.
He laid out a carrot-and-stick approach for private investment in the U.S.
“They don’t actually have the money,” Musk wrote on his social media platform X. “SoftBank has well under $10B secured. I have that on good authority.”
Russia has not yet responded to the remarks, but senior officials have said in recent days that there is a small window of opportunity for Moscow to deal with the new US administration.
Two of the orders he revoked included a Biden directive aimed at preventing discrimination based on gender identity or sexual orientation.
Trump said the WHO had failed to act independently from the “inappropriate political influence of WHO member states” and required “unfairly onerous payments” from the U.S.
Reaching the cap ramps up pressure on congressional Republicans, but lawmakers have a little time before they must act to avoid a first-ever default, which would likely cause global economic upheaval.
This follows reports that Ghana’s incoming finance minister is considering further IMF support to address the country’s worsening economic challenges.
“Spacecraft docking successfully completed! A historic moment,” the Indian Space Research Organization (ISRO) said on X.