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Trump Plans to Establish a Cryptocurrency Advisory Council to Create a Strategic Bitcoin Reserve

CoinGapeNov 21, 2024

Donald Trump plans to establish a cryptocurrency advisory committee aimed at leading U.S. cryptocurrency policy, creating a Bitcoin reserve, and collaborating with the SEC and CFTC to develop a regulatory framework. The committee will work with Congress to draft legislation, coordinating with agencies such as the SEC, CFTC, and the Treasury Department to promote regulatory clarity in the crypto industry. Industry leaders like Circle and Coinbase are vying for seats on the committee to influence Trump’s pro-crypto agenda. Former regulators like Heath Tarbert and Brian Quintenz are advising the Trump team. This move aims to position Bitcoin as a core element of U.S. economic strategy and enhance America’s leadership in the global crypto space.

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Trump Plans to Establish a Cryptocurrency Advisory Council to Create a Strategic Bitcoin Reserve

CoinGapeNov 21, 2024

Donald Trump plans to establish a cryptocurrency advisory committee aimed at leading U.S. cryptocurrency policy, creating a Bitcoin reserve, and collaborating with the SEC and CFTC to develop a regulatory framework. The committee will work with Congress to draft legislation, coordinating with agencies such as the SEC, CFTC, and the Treasury Department to promote regulatory clarity in the crypto industry. Industry leaders like Circle and Coinbase are vying for seats on the committee to influence Trump’s pro-crypto agenda. Former regulators like Heath Tarbert and Brian Quintenz are advising the Trump team. This move aims to position Bitcoin as a core element of U.S. economic strategy and enhance America’s leadership in the global crypto space.

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