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BTC Pulse 2025-02-03 20:45:00

Crypto Czar David Sacks to Outline U.S. Digital Policy Agenda

David Sacks to Flesh Out U.S. Digital Policy Agenda The AI and Crypto Czar for President Trump, David Sacks, is set to headline a high-profile news conference on Feb. 4 to disclose Washington’s digital asset regulatory agenda. He will be joined by several key Republican lawmakers to discuss the efforts to make the U.S. a leader in crypto and blockchain innovation. This is a huge moment for the digital asset industry as it is the Trump administration that wants to impose certain guidelines and regulations concerning cryptocurrencies, stablecoins, and blockchain financial products. GOP Lawmakers Join Crypto Policy Discussion The forum will host discussions by some of the most influential policymakers who support crypto, including: Tim Scott – Senate Banking Committee Chairman French Hill – House Financial Services Committee Chairman John Boozman – Senate Agriculture Committee Chairman G.T. Thompson – House Agriculture Committee Chairman These are lawmakers who, in the past, have favored regulatory clarity and innovation-friendly policy in the crypto space. Their inclusion suggests this administration is keen on setting a clear framework for digital assets. Fast-Tracking Crypto Regulation The White House’s Digital Asset Agenda Puts Spotlight on Bringing in Clear, Structured Crypto Regulations. The administration’s working group on digital asset markets, probably headed by Sacks, has outlined key deadlines: February: Treasury, DOJ, SEC, and other agencies will need to identify all existing crypto-related laws. March to July: Agencies will need to propose changing or rescinding outdated rules. By the end of the year: A complete federal crypto framework must be submitted on market structure, stablecoins, consumer protection, and oversight. These efforts reflect a broader push for regulatory clarity, addressing concerns from investors and businesses seeking a predictable legal environment. Legislative Path Forward The regulatory framework will undergo congressional hearings and scrutiny from agencies like the SEC and CFTC. The crypto task force by interim chief Mark Uyeda of the SEC and roundtable talks spearheaded by acting chair Caroline Pham of CFTC are fresh examples of some continuous bipartisan deliberations on crypto oversight. While regulatory development is a time-consuming process, the press conference means something tangible for a change in America’s approach to digital assets. As Washington moves closer to a structured policy, how these regulatory efforts shape the crypto industry under the Trump administration will be closely watched by all stakeholders.

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