Editor's PiCK
"Trump Expected to Issue Executive Order on Virtual Assets on First Day in Office"
JH Kim
Summary
- It was reported that President-elect Donald Trump is expected to issue an executive order related to virtual assets on his first day in office.
- David Sacks has been designated as the head of virtual assets and AI for the Trump administration and is discussing legislative strategies with industry leaders.
- It was added that several virtual asset venture capitalists and companies are expected to visit Washington to celebrate Trump's inauguration.
Cat Zakrzewski, a reporter for the Washington Post, reported on the 13th (local time) via X (formerly Twitter) that "President-elect Donald Trump is expected to issue an executive order related to virtual assets (cryptocurrency) on his first day in office."
She stated, "David Sacks, who has been designated as the head of virtual assets and AI for the Trump administration's second term, is already discussing legislative strategies with industry leaders," adding, "He also promised to repeal the AI executive order that received much criticism from the industry last December."
Furthermore, she added, "Several virtual asset venture capitalists (VCs) and companies are expected to visit Washington to celebrate Trump's inauguration."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
