President Trump’s new executive order revokes previous crypto policies and establishes new frameworks to boost American leadership in digital finance. It includes the creation of a dedicated working group and relaunching SEC’s Crypto Task Force, aiming for clearer regulations and paused enforcement against major crypto exchanges like Binance and Coinbase.
The Institute of International Finance (IIF) recently urged regulators to pause and rethink global prudential standards for cryptoassets, highlighting the transformational impact of Distributed Ledger Technology on capital markets. This comes alongside their responses to regulatory consultations and growing global attention on digital finance developments.
The latest ICI survey reveals a strong preference among investors for receiving their financial documents electronically, highlighting a shift towards digital convenience in the investment world.