Donald Trump to Engage Leading Crypto CEOs as Advisors

Trump Administration to Establish a Cryptocurrency Advisory Council

According to Bloomberg, Donald Trump’s administration is considering candidates for a cryptocurrency advisory council, selecting from CEOs of key industry companies.

The council is set to begin operations after Trump’s inauguration in late January. It will include over 20 representatives from the crypto industry. These experts will influence presidential administration decisions and assist lawmakers in crafting relevant regulations.

 It has been revealed that the participants will include David Sacks, the future chief crypto lobbyist at the White House, and David Bailey, the head of the media company BTC Inc.

 Former football player Bo Hines, who previously ran for Congress with support from crypto industry donors, has been appointed as the chairman of the new crypto council.

An inaugural ball is scheduled for January 17 in Washington, celebrating Donald Trump’s inauguration and the formation of the new presidential administration.
The event is organized by David Bailey with support from Stand With Crypto, MetaMask, Kraken, and other industry representatives.

The demand to attend the inaugural ball significantly exceeds the available spots. Primarily, major donors from Trump’s campaign committee in the crypto industry, who contributed the largest sums, will gain access.

Overall, this positive stance of the new White House administration toward digital currencies is generating worldwide approval and anticipation for a new boost in the crypto market’s development.

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