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Trump administration’s digital asset task force to submit first major report on cryptocurrency policy on July 22
Odaily News According to Cryptoinamerica, the Trump administrations digital asset task force is stepping up preparations to submit its first major report on cryptocurrency policy by July 22. The report is the result of months of collaboration between task force leaders David Sacks and Bo Hines and senior officials from the Treasury Department, Commerce Department, Securities and Exchange Commission, Commodity Futures Trading Commission and other departments, and is intended to implement the executive order signed by President Trump in January on strengthening the United States leadership in the cryptocurrency field. The report is expected to include regulatory and legislative recommendations, but the specific content is not yet clear.
The original tasks of the working group included developing a federal digital asset framework covering stablecoins (Congress has already started the relevant procedures) and exploring whether to establish a national digital asset reserve (Trump established it in March). Working group member and CFTC Acting Chair Caroline Pham said in a recent speech that the report will become the governments cryptocurrency roadmap and described the current work as productive. White House officials said the report will be released as planned before the July 22 deadline. Although the details of the report have not yet been disclosed, industry insiders speculate that it may include: a strategic Bitcoin reserve financing plan that does not increase the burden on taxpayers, and recommendations to ensure that crypto companies have fair access to institutional banking services such as the Federal Reserve-the Federal Reserve has historically refused to allow crypto companies to directly access its payment system.
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WEEX P2P update: Country/region restrictions for ad posting
To improve ad security and matching accuracy, WEEX P2P now allows advertisers to restrict who can trade with their ads based on country or region. Advertisers can select preferred counterparty locations for a safer, smoother trading experience.
I. Overview
When publishing P2P ads, advertisers can now set the following:
Allow only counterparties from selected countries or regions to trade with your ads.
With this feature, you can:
Target specific user groups more precisely.Reduce cross-region trading risks.Improve order matching quality.
II. Applicable scenarios
The following are some common scenarios:
Restrict payment methods: Limit orders to users in your country using supported local banks or wallets.Risk control: Avoid trading with users from high-risk regions.Operational strategy: Tailor ads to specific markets.
III. How to get started
On the ad posting page, find "Trading requirements":
Select "Trade with users from selected countries or regions only".Then select the countries or regions to add to the allowlist.Use the search box to quickly find a country or region.Once your settings are complete, submit the ad to apply the restrictions.
When an advertiser enables the "Country/Region Restriction" feature, users who do not meet the criteria will be blocked when placing an order and will see the following prompt:
If you encounter this issue when placing an order as a regular user, try the following solutions.
Choose another ad: Select ads that do not restrict your country/region, or ads that allow users from your location.Show local ads only: Prioritize ads available in the same country as your identity verification.
IV. Benefits
Compared with ads without country/region restrictions, this feature provides the following improvements.
Aspect
Improvement
Trading security
Reduces abnormal orders and fraud risk
Conversion efficiency
Matches ads with more relevant users
Order completion rate
Reduces failures caused by incompatible payment methods
V. FAQ
Q1: Why are some users not able to place orders on my ad?
A1: Their country or region may not be included in your allowlist.
Q2: Can I select multiple countries or regions when setting the restriction?
A2: Yes, multiple selections are supported.
Q3: Can I edit my published ads?
A3: Yes. You can edit your ad in the "My Ads" list. Changes will take effect immediately after saving.
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