Official announcements from the White House or credible news outlets

Trump Team Mulls First-Ever White House 'Crypto Czar' Role, Vetting Candidates

Nov 20, 2024, 06:45 PM

President-elect Donald Trump's team is considering establishing the first-ever White House position solely dedicated to cryptocurrency policy, according to people familiar with the discussions. The team is holding discussions with the digital asset industry about the potential role, which could be referred to as a "crypto czar." Aides are reportedly vetting candidates for the position, though it remains unclear whether it will be a senior staff role. The position would coordinate policies among federal agencies and engage with industry stakeholders to address issues in the digital asset sector. Advocates are urging for direct access to Trump. The initiative underscores the influence the burgeoning cryptocurrency industry may wield in the incoming administration.