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Trump’s Crypto Plans: White House’s First Crypto Role for U.S. Policy on Digital Assets

The transition team of President-elect Donald Trump is considering creating a new position within the White House focused on cryptocurrency policy. This would be the first crypto-specific post at the federal level and would oversee policy development and regulation across agencies such as the SEC and CFTC. Advocates within the industry are pushing for the role to have direct communication with the president. High-profile figures from the crypto industry, such as Coinbase CEO Brian Armstrong and former Coinbase and Binance.US executive Brian Brooks, have reportedly held discussions with Trump's team. The creation of this role highlights the growing importance of cryptocurrency in economic policy and political discourse. Cardano founder Charles Hoskinson has also outlined his efforts to engage with US lawmakers and develop policy for digital assets. The discussions around the new crypto role suggest it may involve leading a small staff to facilitate interagency cooperation. This move aligns with Trump's interactions with Bitcoin mining firms and his focus on fostering innovation in blockchain technology.

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