Trump Establishes Crypto Council to Boost Digital Asset Innovation
- President Trump issued an Executive Order establishing a Crypto Council led by David Sacks.
- The reversal of SAB 121 aims to ease bank custody of crypto assets.
- The council includes major crypto companies like Coinbase, a16z, and Ripple.
- Retail investors are encouraged to have representation in the council.
- Key legislative priorities include stablecoin legislation and market structure reform.
The newly formed Crypto Council, led by David Sacks, seeks to promote innovation in digital assets by involving major industry players and advocating for retail investor representation. Key legislative goals include stablecoin regulation and market structure reform.
Source (2.6)https://www.coindesk.com/opinion/2025/01/30/give-retail-investors-a-voice-in-crypto-policymaking?rand=52298
