Summary
- David Sacks, the White House crypto asset and AI policy chief, stated that a bill related to crypto assets will pass at a very fast pace.
- Sacks said that the 'stablecoin regulation bill' will help boost global demand for the U.S. dollar.
- It is expected that the bill's swift passage and strengthened regulation will have a significant impact on the crypto asset market.
According to economic news feed Walter Bloomberg on the 18th (local time), David Sacks, the United States White House crypto asset (cryptocurrency) and artificial intelligence (AI) policy chief (also known as the 'Crypto Czar'), stated that "the bill related to crypto assets will pass at a very fast pace."
He added, "The stablecoin regulation bill will help boost global demand for the US dollar."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
