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Trump vows to improve digital asset regulation within 6 months! AI encryption czar: Start evaluating BTC reserves, full support from Silicon Valley operators
US President Donald Trump and AI encryption czar David Sacks held a press conference on 2/4 Eastern Time to announce that the US government will legislate for the regulation of digital assets and stablecoins, as well as the feasibility of establishing a Bitcoin Reserve.
After the press conference, Sacks emphasized in an interview with foreign media that the new government will continue to promote new laws to ensure the global leadership of the United States in digital currency and blockchain technology, while expanding the dominance of the dollar into the digital financial world.
Countdown to digital asset regulatory legislation, new government accelerates push
Sacks revealed that just before the press conference, he had just met with the leaders of the Senate and House Financial Services and Banking Committees to discuss the details of encryption currency regulation legislation. He said, "Members of Congress are very willing to promote digital asset regulatory bills, and President Trump also strongly supports it, with the goal of completing the legislation within 6 months." Sacks further stated that this move is to provide a stable regulatory environment for the industry, preventing businesses from moving their operations overseas due to regulatory uncertainty.
Start BTC reserve feasibility assessment
At the press conference, Sacks also confirmed for the first time to the outside world that the new government is studying the feasibility of establishing a BTC reserve (Bitcoin Reserve) or reserves of other digital assets. When asked if this reserve could be included in the U.S.