White House-appointed ‘Crypto Czar’ David Sacks confirmed that he liquidated all his cryptocurrency holdings—including Bitcoin (CRYPTO: BTC), Ethereum (CRYPTO: ETH), and Solana (CRY
The president’s crypto czar also said there is no evidence that Trump has personal investment in cryptocurrencies like Bitcoin.
White House crypto czar David Sacks said Bitcoin and altcoins will be treated very differently by the US government as it carves out a BTC reserve and digital asset stockpile.
Gordon Johnson, an analyst at GLJ Research, criticized what he called market “corruption” Sunday following President Donald Trump‘s announcement of a strategic U.S. cryptocurrency reserve that would include several digital assets.
United States President Donald Trump’s executive order to establish a Bitcoin strategic reserve and a stockpile of other digital assets has failed to impress crypto markets, with Bitcoin’s value plummeting following the announcement.
President Donald Trump signed an executive order Thursday establishing a government reserve of bitcoin, a key marker in the cryptocurrency’s journey towards possible mainstream acceptance. Under Trump’s new order,
The reserve will hold cryptocurrency forfeited to the government in criminal or civil proceedings, said the White House.
A simmering tension in the crypto industry resurfaced after President Donald Trump signed a long-awaited order creating a strategic Bitcoin reserve and an additional stockpile of other digital assets.
President Donald Trump is advancing policy and regulations by creating a "Strategic Bitcoin Reserve" aimed at making the U.S., the crypto capital of the world. Other cryptos may also play a role.