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The Daily Hodl 2025-01-28 17:55:03

Crypto Czar David Sacks To Chair Working Group Aiming To Propel US As World Capital of Digital Assets

Crypto Czar David Sacks To Chair Working Group Aiming To Propel US As World Capital of Digital Assets

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 that would allow digital assets to flourish in the country. Trump signed the “Strengthening American Leadership in Digital Financial Technology” executive order on January 23rd. Says Sacks, who will chair the working group, “The main thing it does is it forms an internal working group with the goal of making the US the world leader in crypto. So it’s not one specific action. It’s basically authorizing and creating a working group with the goal of achieving that objective. And the members of this working group are going to be, there’s me, there’s the head of the SEC (U.S. Securities and Exchange Commission), the secretary of the Treasury, and all the agencies and departments that have an interest in crypto. So we formed this working group. I’m actually chairing it, or I will be. Again, the goal here is to identify and make recommendations that the departments would then take back and they could execute with the goal of making America the world capital of crypto as the president said at Davos.” The executive order also charges the working group with evaluating the creation of a strategic national Bitcoin ( BTC ) and crypto stockpile. ? Don't Miss a Beat – Subscribe to get email alerts delivered directly to your inbox Check Price Action Follow us on X , Facebook and Telegram Surf The Daily Hodl Mix Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing. Generated Image: Midjourney The post Crypto Czar David Sacks To Chair Working Group Aiming To Propel US As World Capital of Digital Assets appeared first on The Daily Hodl .

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