Donald Trump’s team is considering the idea of creating a position in the White House administration focused solely on cryptocurrencies.
According to reports, the Trump team is reviewing potential candidates who could lead the nation’s crypto policy as part of Trump’s transition efforts.
During his election campaign, Trump showed strong support for the crypto world.
He also made headlines by buying a burger with Bitcoin at a New York bar, demonstrating his commitment to modernizing the financial system.
Trump has also promised to fire Gary Gensler, the current SEC chairman who was known for his skeptical stance on cryptocurrencies a few years ago.
If the move comes to fruition, it could mark a significant victory for the digital asset industry.
Over the years, crypto has grown from a niche interest to a mainstream financial sector, gaining recognition worldwide.
Notably, Bitcoin has surged close to $100,000, reflecting the growing confidence in the market since Trump’s victory.
The move could reshape how the United States (US) navigates the rapidly changing crypto landscape, marking an era in which digital currencies may play a greater role in government and global finance.
