David Sacks, Trump's crypto czar, will lead a press conference to discuss how the administration plans to make the US a leader in the digital asset ecosystem. Republican lawmakers will also be present, including those who oversee market regulators such as the SEC and CFTC. Sacks is responsible for working with these agencies to provide recommendations on crypto regulations. The working group has until July 2025 to present their recommendations to Trump. Industry participants are also calling for the establishment of a Bitcoin strategic reserve by the government.



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