Human

Chair

Silk Road

Brian

President-elect Donald Trump’s transition team is reportedly considering establishing a dedicated White House position to focus on cryptocurrency policy, a groundbreaking move for the U.S. government. Sources familiar with the matter revealed this initiative to Bloomberg on Wednesday, though details on the role’s scope and structure remain unclear. 
The new position could take the form of a senior staff advisory role or potentially a “crypto czar” to oversee the burgeoning digital asset space. Representatives from Trump’s transition team have not commented on these developments, underscoring the early stages of the planning process. 
Trump’s pro-crypto stance was a hallmark of his campaign, during which he pledged to replace U.S. Securities and Exchange Commission (SEC) Chair Gary Gensler, advocate for a national Bitcoin reserve, commute Silk Road founder Ross Ulbricht’s life sentence, and establish a Crypto Presidential Advisory Council. These promises resonated with cryptocurrency advocates and positioned Trump as an ally of the industry. 
Post-election, Trump has reinforced his crypto-friendly agenda by nominating key figures supportive of digital assets. Howard Lutnick, CEO of Cantor Fitzgerald, has been selected to lead the U.S. Department of Commerce, while Bitcoin proponent Robert F. Kennedy Jr. is set to become Secretary of Health and Human Services. 
Crypto industry leaders have also engaged with Trump’s team to influence personnel appointments. Ripple CEO Brad Garlinghouse and executives from Circle have reportedly discussed potential candidates with Trump’s advisors. 
Coinbase CEO Brian Armstrong recently spoke with Trump directly about the future of cryptocurrency regulation, including leadership at the SEC and Commodity Futures Trading Commission (CFTC). 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read:<a href="https://www.cryptotimes.io/2024/11/20/trump-consider-pro-crypto-teresa-goody-guillen-for-sec-chair/" target="_blank" rel="noreferrer noopener"> Trump Consider Pro-Crypto Teresa Goody Guillén for SEC Chair</a> 
</blockquote>

Trump Administration Eyes Creation of Crypto Policy Role in White House

The Crypto Times

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