Source: Trump’s “Crypto Advisory Committee” will build previously promised Bitcoin reserves
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According to Reuters, Trump's "Crypto Advisory Council" is expected to establish a promised Bitcoin reserve. Two sources said the crypto council may be part of the White House National Economic Council (responsible for coordinating and implementing the President's economic policy) or an independent White House agency. According to them and other industry insiders, the council is expected to provide recommendations on digital asset policy, work with Congress to advance cryptocurrency legislation, establish the Bitcoin reserve promised by Trump, and coordinate among various agencies including the U.S. Securities and Exchange Commission (SEC), Commodity Futures Trading Commission (CFTC), and the Treasury Department. One source also said the council may include law enforcement representatives and former policymakers.
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