Prime Minister Shehbaz Sharif and US President Donald Trump discussed regional security and cooperation along the lines of counter-terrorism, among other matters, as the two met for the first time at the Oval Office in Washington in the early hours of Friday morning, according to a press release from the PM Office. The premier was accompanied by the Chief of Army Staff (COAS) Field Marshal Asim Munir, while the US President was joined by US Vice President JD Vance and Secretary of State Marco Rubio, as per an earlier statement from the PM office. PM Shehbaz thanked Trump for “his public endorsement of Pakistan’s role in counterterrorism and stressed the need to further enhance cooperation in security and intelligence,” as the two discussed matters of regional security. The premier described Trump as a “man of peace”, lauding his “sincere” efforts in ending conflicts around the world. PM Shehbaz branded Trump’s style of leadership “bold, courageous and decisive,” and thanked the US president for his role in me...
The White House Press Office confirmed to Cointelegraph that President Trump will sign an executive order allowing crypto exposure in US 401(k) retirement plans. US President Donald Trump will sign an executive order opening the door for cryptocurrencies to be included in 401(k) retirement plans, potentially reshaping how Americans invest their savings. The White House Press Office confirmed to Cointelegraph on Thursday that the order directs the US Labor Department to reevaluate restrictions around alternative assets in defined-contribution plans, including digital assets, private equity and real estate. A senior White House official said the order instructs the labor secretary to clarify the department’s stance on alternative assets and provide guidance on fiduciary processes for offering these types of investments in retirement portfolios. Read more
Carving out clear jurisdictions for the SEC and CFTC may ease investor concerns over ambiguous securities laws. The long-awaited White House report on cryptocurrency policy recommendations may bring an end to years of regulatory uncertainty for digital asset companies, many of which have struggled with unclear guidance regarding securities laws. US President Donald Trump’s Working Group on Digital Assets released its crypto policy report on Wednesday, outlining recommendations on market structure, banking regulations and methods to bolster the US dollar’s dominance through stablecoins and crypto tax laws. One of the report’s key proposals is a division of responsibilities between the US Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). The CFTC will gain authority over spot crypto markets, addressing longstanding concerns about overlapping or conflicting enforcement. Read more