The crypto currency sector is preparing to shape with comprehensive regulations in the USA. President Donald Trump took an important step to determine the future of crypto beings. The newly created working group and the two -wing Congress Initiative aim to strengthen the US leadership in the crypto market. In this context, government officials and legislators met to form the regulatory framework for crypto beings.
David Sacks shared critical explanations for crypto currencies
In the United States, there has been a significant development in the regulations of BTC and Altcoin. David Sacks, authorized by President Donald Trump on artificial intelligence and crypto currency issues, made statements about the future of Bitcoins and Altcoins at a press conference in Congress. Sacks will be at the head of the new working group created in line with Trump’s executive order and manage the process of setting a roadmap for digital assets and companies in the USA. In addition, the House of Representatives and the Senate announced that they will establish a two -poultry working group to advance BTC and Altcoin laws.
Speaking at a press conference, Sacks said that the American crypto asset sector aims to ensure the global leadership and said, “Crypto currencies will be one of the priority issues of our management. Together we aim to create a golden age in crypto beings. ” The first concrete step in this process was the Stablecoin Draft Draft prepared by the Senate. Under the leadership of Tennessee Senator Bill Hagerty, the draft law foresees to share the supervision of stablecoin companies among federal and state regulatory institutions. In this context, institutions such as Federal Reserve and Currency Supervision Office (OCC) will play a critical role.
Stablecoin arrangements are also on the agenda
Tim Scott, President of the Senate Banking Committee, stated that Stablecoin arrangements will be considered as a priority, while the President of the House of Representatives French Hill, French Hill, the President of the Council of Representatives, Glenn, President of the Agricultural Committee of the Council of Agriculture and John Boosman, the President of the Senate Agriculture Committee, said that the regulations on the structure of the market .
Hill announced last year that a bill of Financial Innovation and Technology (FIT21), which was passed by the House of Representatives (FIT21), will progress simultaneously with the Stablecoin law. David Sacks said at a press conference, “Financial assets will inevitably become digital. We want this transformation to take place in the USA and the added value to be created in our country. Erek
