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A significant Bullish development in the crypto circle! Trump establishes a Cryptos working group to explore the creation of a national reserve.
① The President of the USA, Donald Trump, signed an executive order on Thursday to establish a Cryptos working group, led by David Sacks, with members including the Secretary of the Treasury, the Attorney General, and others. ② The working group is required to submit a report within 180 days, proposing regulatory and legislative recommendations for digital Assets, and assessing the feasibility of establishing a national digital Assets reserve.
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Trump and the USA take major action: establishing a Presidential Digital Currency Working Group, the congressman who first proposed creating a Bitcoin Strategic Reserve has been promoted.
Trump signed an executive order calling for the establishment of a presidential "Digital Asset Market Working Group," led by the White House's first "AI and Cryptos Czar," with members including the US Secretary of the Treasury, Secretary of Commerce, SEC Chair, and other officials. Senator Lummis, who proposed establishing a national Bitcoin strategic reserve in July last year, has been appointed as the chair of the newly established Digital Assets Committee of the Senate Banking Committee, focusing on strategic Bitcoin reserves and related digital asset legislation. Updates ongoing.
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