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BREAKING : Donald Trump Considers Creating a Cryptocurrency Role in the White House for the First Time

BREAKING : Donald Trump Considers Creating a Cryptocurrency Role in the White House for the First Time

BitcoinsistemiBitcoinsistemi2024/11/21 04:00
By:Mete Demiralp

According to breaking news, the Trump team is considering creating a crypto role in the White House for the first time.

The incoming administration of President-elect Donald Trump is considering creating a special White House position focused on cryptocurrency policy, according to people familiar with the talks. If created, the role would mark the first time a crypto-specific role has been created in the White House.

Trump’s transition team is actively vetting candidates for the potential position, which could serve as a central point for shaping crypto policy and overseeing regulation across government agencies. While it remains unclear whether the role will carry a senior staff title or function as a “crypto expert,” industry advocates are lobbying for the position to have direct access to the president.

If confirmed, the role would serve as a liaison between Congress, the White House, and agencies like the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC). Discussions suggest the appointee could lead a small team focused on advancing crypto initiatives and facilitating communication between interested parties.

*This is not investment advice.

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