CandleFocus Trump reportedly considering swapping crypto council for informal summits
2025-02-13
Author: Content Editor
President Donald Trump's administration is reportedly considering holding informal summits with rotating industry leaders instead of creating a formal crypto council. The summits would focus on specific policy issues related to banking, payments, data centers, and Bitcoin mining. Trade associations have been providing input on the structure and agenda of these discussions. The move aims to navigate internal divisions within the crypto industry, and reactions to the potential shift have been mixed. Some see it as a pragmatic approach to involve subject-matter experts, while others are skeptical and question Trump's motivations. The administration has not issued an official statement on the matter.
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