President Donald Trump’s appointed Crypto Tsar 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-Ex-Executive Order sets up a working group consisting of relevant federal agencies to recommend changes that can flourish digital assets in the country.
Trump signed the executive order ‘The American leadership in digital financial technology’ on January 23.
Says Sacks, who will chair the working group,
“The most important thing is that it is an internal working group with the aim of making the US the world leader in crypto. It is therefore not one specific action. It is in fact authorization and creating a working group with the aim of achieving that goal. And the members of this working group will be, there I am, there is the head of the SEC (US Securities and Exchange Commission), the secretary of the treasury and all agencies and departments that are interested in Crypto. So we have formed this working group. I am actually there, or I will be.
Again, the goal here is to identify and make recommendations that the departments would take back and they could perform with the aim of making America the world capital of crypto, as the president said in Davos. ”
The Executive Order also charges the working group to evaluate the establishment of a strategic National Bitcoin (BTC) and Crypto stock.
https://www.youtube.com/watch?v=e1ptcsfrkbk
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