US Lawmakers Form Working Group for Crypto Regulation
- US lawmakers announced a working group to draft regulations for digital assets and stablecoins.
- The Trump administration is considering the creation of a national Bitcoin reserve.
- White House Crypto Czar David Sacks is leading the internal working group on this initiative.
- The working group includes representatives from the Treasury, Justice Department, SEC, and CFTC.
- Senator Bill Hagerty introduced a bill for stablecoin regulation, aiming for federal or state oversight.
A new working group has been formed by US lawmakers to create a regulatory framework for digital assets and stablecoins. The Trump administration is also evaluating a national Bitcoin reserve, led by White House Crypto Czar David Sacks. The group’s recommendations are expected within six months.
Source (2.6)https://cryptobriefing.com/us-lawmakers-crypto-working-group/?rand=59535