President Donald Trump’s White House AI and crypto Caesar Washington’s digital asset regulatory plans will hold a press conference with the major Republican policy makers.
Set for Tuesday, 4 February, Crypto Czar David Sachs will focus on a media day how Congress and President Trump’s cabinet “will secure America as a leader in Digital Asset Ecosystem.”
The visit for the press conference is a wife of GOP MPs and supporter-crypto politicians in the program, including the chairman of the Senate Banking Committee, Tim Scott, House Financial Services Committee Chairman French Hill, John Buzmanman of the Senate Agricultural Committee and Chairman of House Agriculture Committee GT includes. Thompson.
This is the first time a contingent of trump-fasted senators, representatives and an artist of the White House Crypto Caesar has been collected to inform the public about the administration’s digital asset policy strategy.
Crypto’s expectations under President Trump have bent towards clear rules and general knowledge regulation. The official schedule of the President’s Working Group on Digital Asset Markets, which is probably led by the sacks, also indicates the intentions of fast-track crypto regulation.
The calendar requires American Treasury, Department of Justice, Securities and Exchange Commission and other related agencies to identify all laws related to cryptocurrency and digital assets by the end of February.
Between March and July, agencies should also provide policy recommendations to save or amend existing laws. Within 180 days of July, regulators will have to submit a comprehensive crypto regulator proposal in the office of President Trump, Concentrate On a federal structure, market structure, consumer protection, and oversite.
These proposals will probably go through many Congress hearing and will go through veting by agencies like SEC.
While a long process, a press conference with the characteristics of sacks and other GOP MPs, as well as a Crypto task force launched by SC and SEC Interim Boss Mark Uyda, a Crypto task force launched by SC and SEC Interim Boss Mark Uyda Indicates. America’s approach to digital asset policy settings.
