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A network of groups representing the American financial industry is calling on the White House’s crypto czar David Sacks to include federal regulators in the President’s Working Group (PWG) on digital assets. In a letter to Sacks, the American Bankers Association, the Financial Services Forum, the Bank Policy Institute, The Clearing House, the Association of […]
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The White House’s Crypto Czar David Sacks says the Trump administration may provide regulatory clarity for digital assets within six months. In a new discussion on the All-In Podcast, Sacks says the key thing for US regulators to look at when it comes to crypto is market structure, or defining the different assets within the […]
The post Crypto Czar David Sacks Says Clear Rules of the Road for Digital Assets Could Be Set Within Six Months appeared first on The Daily Hodl.
White House AI and crypto czar David Sacks says the review of potential Bitcoin reserve is a top priority for the Trump administration. At a press conference with Republican lawmakers, Sacks said the President’s new working group on digital assets will first consider whether the US government should hold Bitcoin as a strategic reserve asset. […]
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President Donald Trump’s appointed crypto czar will chair a new working group with the aim of making the US a leader in digital assets. In a new episode of the All-In Podcast, US crypto czar David Sacks says that Trump’s crypto executive order establishes a working group comprised of relevant federal agencies to recommend changes […]
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President Donald Trump’s newly-appointed crypto czar says the US will quickly catch up to other countries’ digital asset industries. In a new interview with Fox Business, US Crypto Czar David Sacks says that Trump’s executive order seeking clear crypto guidelines will help the nation catch up to other countries, such as Singapore, that embraced digital […]
The post Crypto Czar David Sacks Says USA To Catch Up ‘Really Fast’ to Rest of World’s Digital Asset Industries appeared first on The Daily Hodl.
Donald Trump could issue executive orders addressing crypto de-banking and a bank accounting policy when he re-takes the presidency on Jan. 20.
US President-elect Donald Trump’s first day back in the White House on Jan. 20 could see him sign a flurry of executive orders — some of which could impact the crypto industry.
The Washington Post reported on Jan. 13 that Trump is expected to sign executive orders after taking office next week covering crypto de-banking and repealing a bank accounting policy that requires banks holding crypto to list the digital assets as a liability.
“The Trump team has made it very clear that this is a priority,” a person involved with the conversations told the Post.
Republicans currently have a narrow majority in the United States House of Representatives, where the party holds 219 seats.
Recently appointed "AI and crypto czar" David Sacks only has 2 years to push through pro-crypto policies before the 2026 midterm elections in the United States, Joe Doll, the general counsel for NFT marketplace Magic Eden, told Cointelegraph in an interview.
According to Doll, the threat of a gridlocked government could stifle regulations, and the current administration must push through pro-crypto policies while still in control of both chambers of Congress. Doll said:
Trump's numerous appointments of pro-crypto individuals to advisory roles and cabinet positions are widely viewed as a positive development by the crypto community, as the incoming administration promises to pass pro-innovation policies.
Bo Hines will work under Donald Trump’s crypto and AI czar, David Sacks, on the incoming presiden’ts crypto council in a bid to “foster innovation and growth” for digital assets.
Donald Trump has appointed former college football player Bo Hines as the executive director of his incoming administration’s new “Crypto Council.”
In a Dec. 22 post to his social media platform Truth Social, the United States president-elect said Bo Hines — an unsuccessful US House Republican candidate in 2022 — would become the Executive Director of the Presidential Council of Advisers for Digital Assets.
Source: Donald Trump