US Crypto Policy Shift: David Sacks Hints at Key Announcements

• David Sacks confirms that inter-agency cooperation is driving upcoming crypto regulatory announcements in alignment with the Trump administration’s agenda.
• US agencies and congressional groups are working together to draft comprehensive digital asset policies, ensuring structured and coordinated regulation.
• The SEC lawsuit against Binance is temporarily paused for regulatory reassessment, with a formal status report expected in April.

The US Crypto Czar David Sacks confirmed that necessary crypto regulation announcements will arrive within a year. The teams of David Sacks seek regulatory harmonization by working together with both the US Securities Exchange Commission and Commodity Futures Trading Commission. The regulatory bodies have increased their joint efforts after President Donald Trump issued an executive order to review Bitcoin reserves.

Regulatory Bodies Align to Address Digital Asset Policies

Washington is seeing an active push toward structuring digital asset policies with multiple agencies playing a role. The SEC’s crypto task force, the CFTC’s pilot program, and Congress’s Bicameral Working Group for Digital Assets are all engaged in regulatory efforts. Concerns about overlapping responsibilities have been raised, but officials stress that collaboration remains strong. Bo Hines, Executive Director of the Presidential Working Group on Digital Assets, has been instrumental in keeping these entities aligned.

Industry representatives from the Blockchain Association and the Chamber of Digital Commerce have joined discussions with policymakers. Topics include stablecoin regulations, ETF staking, and the role of tokenized assets in financial markets. Some of these experts will take part in a CFTC-hosted CEO forum to discuss the potential use of tokenized assets and stablecoins as collateral in the futures market. David Sacks reaffirmed that these discussions are integral to the administration’s broader digital asset strategy.

Legislators and Agencies Strengthen Collaboration

Former agency staffers who have transitioned into congressional roles are fostering stronger legislative ties. Representatives French Hill and Bryan Steil have confirmed that the House Bicameral Working Group for Digital Assets is working closely with the Senate and the Presidential Working Group to draft legislation. This coordination is expected to create a more stable regulatory environment for the digital asset sector.

The Trump administration has continuously shown backing for the digital asset field since President Trump took office. The SEC performed a repeal of the SAB 121 accounting rule that limited banking institutions from working with digital asset companies. The FDIC now facilitates banks to take action with crypto assets and provide tokenized deposit services without demanding previous regulatory clearance.

The SEC’s legal action against Binance got a 60-day delay order from a US judge in a recent major development. The newly formed task force can examine digital asset regulatory frameworks after this decision took effect. The administration plans to publish the status report of this legal case by April 14 to detail their crypto regulatory reform policy.