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Insider: Trump team considering setting up first crypto-related position in White House

2024-11-20 23:38
Odaily News President-elect Trump's team is discussing with the digital asset industry whether to create a new position in the White House dedicated to cryptocurrency policy, according to people familiar with the transition. Trump's team is reviewing candidates for such a position, people familiar with the matter said. If established, it would be the first-ever White House position dedicated to the cryptocurrency field and would highlight the emerging industry's influence on the new administration. It is unclear whether a senior White House staff position or "crypto czar" (Washington parlance for the person in charge of overseeing federal government policy and regulation) will be established. Crypto industry advocates are pushing for the position to be directly connected to Trump, they said. (Bloomberg)