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On January 21st, COINOTAG News reported significant developments regarding U.S. cryptocurrency policy. A FOX correspondent, Eleanor Terrett, revealed that alongside a forthcoming executive order aimed at launching a **cryptocurrency task force**, there are expectations that **Trump** will also impose an executive order prohibiting the establishment of **Central Bank Digital Currency (CBDC)**. While the implications of these orders are still unfolding, the **timing** of the announcements remains uncertain, raising questions among industry analysts and stakeholders. As the cryptocurrency landscape evolves, the potential banning of CBDCs could have substantial ramifications for digital assets and traditional fiat structures alike. Stakeholders in the crypto market should closely monitor these developments, as they will likely influence market conditions and regulatory frameworks for digital currencies in the near future.
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