Tyler Williams has held many important positions in the US government, particularly as Deputy Assistant Secretary of the Treasury under Steven Mnuchin.
US Treasury Secretary appoints crypto advisor. Image: The Week
In a significant move to shape the US's digital asset policy, Treasury Secretary Scott Bessent has appointed Tyler Williams, legal counsel at Galaxy Digital, to advise on issues related to cryptocurrencies and blockchain policy.
Tyler Williams has extensive experience in legal and crypto fields
Tyler Williams is currently the Director of Legal and Legislative Affairs, as well as a Regulatory Advisor at Galaxy Digital - one of the leading financial and investment firms in the crypto industry. In addition, he also teaches part-time at the George Washington University Law School.
Prior to joining the private sector, Williams had a long career working in the US government. Most recently, he served as Deputy Assistant Secretary at the Treasury Department under Steven Mnuchin (2018-2020). During that time, he focused on advising on digital asset policy and related regulations.
Additionally, he has worked in the US Senate under Senator Thom Tillis and in the US House of Representatives under Representatives Robert Hurt and John Boehner.
This extensive experience gives Williams deep insights into both the legislative and regulatory aspects of crypto. His appointment as an advisor to the US Treasury Department reflects the growing interest of the administration in the digital asset space, especially as crypto-related policies have become a hot topic in Washington.
Last year, President Trump also selected David Sacks - the founding COO of PayPal - to serve as a crypto and AI advisor at the White House.
Trump pushes for the establishment of a national investment fund
The appointment of Williams also comes after President Donald Trump signed an executive order, tasking the Treasury Department and the Department of Commerce to establish a national sovereign wealth fund. According to the plan, this fund is expected to be launched before the end of this year, with the aim of strengthening the country's financial power through strategic investments.
While Bitcoin (BTC) has not been directly mentioned in the fund's plans, it is not ruled out as a possibility. Previously, Trump had proposed that the federal government include digital currencies in the national reserve as a way to diversify assets. However, in the latest executive order, he only asked crypto advisors to assess the feasibility of establishing a digital asset reserve fund, rather than making a specific decision to buy or hold crypto.
If the US government seriously considers investing in Bitcoin or other digital assets, this could be a major turning point in the country's monetary policy. The official recognition and holding of Bitcoin as part of the national reserve by a leading global economy could have a significant impact on the global crypto market.
Compiled by Coin68
