"Responsible for communication and coordination with the White House, Congress, SEC, and CFTC"
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Bloomberg reported on the 20th that President-elect Trump is considering creating a new position to establish and handle a clear cryptocurrency policy in the United States, citing sources.
The newly created position will be responsible for coordinating policies and regulations across federal agencies on cryptocurrencies. According to the report, the position will serve as a liaison and coordination between Congress, the White House, the Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC), which have authority over crypto regulation.
Bloomberg reported that the newly created Jackchick position would report directly to the president-elect, and that the president-elect is considering a suitable candidate for the position.
In fact, cryptocurrency regulation in the United States has been a process of confusion for many companies in the cryptocurrency industry, with the SEC and CFTC asserting their jurisdiction, starting with the subtitle of a clear regulatory bill. Accordingly, the new position is being interpreted as a role to stop the confusion that has been experienced before.
Since being confirmed as the 47th President of the United States, President-elect Trump has been placing 'pro-cryptocurrency personnel' in his administration day by day.
Last week, he appointed Rep. Matt Gates, a pro-Bitcoin figure, as Attorney General, and on the 19th, he appointed Howard Rutnick, a ‘Bitcoin supporter,’ as the next Secretary of Commerce. Scott Bessent, a billionaire fund manager and ‘Bitcoin believer,’ is being mentioned as the Treasury Secretary in the Trump administration.
Reporter Kwon Seung-won ksw@blockstreet.co.kr
