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00:02Trump's working group on digital asset markets urged federal regulators to establish more
00:06explicit rules for crypto trading and streamlined approval for new financial products, that
00:11according to Bloomberg. The group's report calls for Congress to pass the Digital Asset
00:15and Market Cleary Act to give the Commodity Futures Trading Commission authority over
00:18non-security digital assets. It also recommends safe harbors to enable innovative products,
00:23clarity on bank activities related to stable coins, and updated tax guidance for digital
00:27assets. Proposals align with Trump's push to advance U.S. leadership in blockchain and
00:32crypto innovation. For all things money, visit Benzinga.com.
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