White House Crypto Czar to Unveil Digital Asset Regulatory Plans

The White House Crypto Czar, David Sacks, is set to hold a press conference with key Republican policymakers on Tuesday, Feb. 4, to share Washington’s digital asset regulatory plans. The event aims to outline how Congress and President Donald Trump’s cabinet will “secure America as a leader in the digital asset ecosystem.”

Attendees and Agenda

The press conference will feature a lineup of prominent GOP lawmakers, including 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 gathering marks the first time an ensemble of Trump-aligned senators, representatives, and the White House crypto czar have come together to inform the public about the administration’s digital asset policy strategy.

Regulatory Expectations

Under President Trump’s administration, crypto expectations have leaned toward clear rules and common-sense regulation. The official schedule of the presidential working group on digital asset markets, likely led by Sacks, signals intentions to fast-track crypto regulation.

Here’s a breakdown of the regulatory timeline:

  • By the end of February: Relevant agencies, including the U.S. Treasury, the Department of Justice, and the Securities and Exchange Commission, must identify all laws relevant to cryptocurrencies and digital assets.
  • Between March and July: Agencies must provide policy recommendations to rescind or modify existing laws.
  • Within 180 days of July: Regulators must submit comprehensive crypto regulatory proposals to President Trump’s office, focusing on a federal framework, market structure, stablecoins consumer protection, and oversight.

These proposals will likely undergo vetting by agencies like the SEC and pass through several Congressional hearings.

A Shift in America’s Approach to Digital Asset Policymaking

The press conference, along with scheduled roundtable talks by Commodity Futures Trading Commission acting chair Caroline Pham and a crypto task force launched by SEC interim boss Mark Uyeda, indicates a near-tangible shift in America’s approach to digital asset policymaking.

“Secure America as a leader in the digital asset ecosystem.”

This renewed focus on digital asset regulation is expected to bring clarity to the cryptocurrency market and provide a more defined framework for investors and regulators alike.

Stay up-to-date with the latest news on digital assets and cryptocurrency regulation on Global Crypto News.

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