Trump plans to hire 24 crypto CEOs and founders to form a crypto advisory board

Odaily Odaily reported that Trump plans to hire about 24 CEOs and founders of the crypto industry to form a crypto advisory committee. The committee may provide guidance on digital asset policies and work with Congress to draft crypto legislation. It also aims to establish a strategic Bitcoin reserve to fulfill Trump's campaign promise. In addition, it will work with key government agencies including the SEC, CFTC and the Treasury Department to increase regulatory transparency and foster an environment conducive to cryptocurrencies. At present, although many potential committee members have been linked to Trump, they are still evaluating suitable candidates. It is reported that Trump has appointed Bo Hines as the head of the newly established Crypto Advisory Committee, reporting directly to David Sacks. (cryptonews)