Informed sources: Trump's team is considering establishing the first cryptocurrency-related position in the White House

2024-11-21 07:57:30

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ChainCatcher news, according to Bloomberg, sources familiar with the transition work revealed that President-elect Trump's team is discussing whether to establish a new position in the White House specifically responsible for cryptocurrency policy within the digital asset industry.

Insiders say that Trump's team is reviewing candidates for this position. If established, this would be the first position in the White House dedicated to the cryptocurrency sector, highlighting the influence of the emerging industry on the new administration.

It is currently unclear whether a senior White House position or a "crypto czar" will be established (a term used in Washington to refer to the person overseeing federal government policy and regulation). They stated that advocates from the crypto industry are pushing for this position to have a direct connection to Trump.

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