Michaela
David Sacks, appointed by President Donald Trump as the White House AI and Crypto Czar, is set to hold a press conference with key Republican policymakers to discuss the government’s US digital asset policy plan.
The press conference, set for Tuesday, February 4, will focus on how Congress and President Trump’s cabinet plan to “secure America as a leader in the digital asset ecosystem.”
The press conference will be attended by several GOP lawmakers and pro-crypto politicians, such as Senate Banking Committee Chair Tim Scott, House Financial Services Committee Chair French Hill, Senate Agriculture Committee Chair John Boozman, and House Agriculture Committee Chair G.T. Thompson.
This event marks the first time that a group of pro-Trump senators, representatives, and the White House’s crypto czar have come together to unveil the US digital asset policy plan.
The upcoming press conference occurs as discussions intensify in Washington about the regulation of digital assets and their influence on financial markets. Lawmakers are addressing key topics, including the oversight of stablecoins, decentralized finance, and the role of central bank digital currencies in the U.S. economy.
Industry leaders, including Perianne Boring from the Digital Chamber of Commerce, view the collaboration between Congress and the Trump administration as a promising step towards a unified, pro-crypto policy.
“Very good sign to see multiple Congressional committees come together with the Administration to deliver a unified message,” Boring wrote on an X post, adding that big moves are ahead.
This event also coincides with President Trump’s tariff policies, which have already shaken markets, adding further weight to the conversation on the future of digital assets in the country.
Industry leaders and lawmakers are keenly anticipating the upcoming press conference for clues about the administration’s approach to balancing innovation with regulatory oversight. The White House’s stance on cryptocurrency could shape future legislation and regulation, with potential ripple effects across the market.
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Michaela has no crypto positions and does not hold any crypto assets. This article is provided for informational purposes only and should not be construed as financial advice. The Shib Magazine and The Shib Daily are the official media and publications of the Shiba Inu cryptocurrency project. Readers are encouraged to conduct their own research and consult with a qualified financial adviser before making any investment decisions.
