The U.S. House of Representatives and Senate have established a joint working group to focus on cryptocurrency legislation, signaling increased regulatory attention to digital assets. David Sacks, the recently appointed crypto chief by President Donald Trump, expressed his commitment to ensure American dominance in digital assets during a press conference. Sacks discussed the potential of a Bitcoin reserve and emphasized the importance of encouraging crypto innovation in the U.S. to maintain a competitive advantage in the global financial sector.



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