Donald Trump’s Crypto Czar, David Sacks, has provided some optimism for the crypto community as he revealed that his team is already evaluating the creation of a Strategic Bitcoin Reserve. This came following his press conference, in which he also mentioned the progress made by his team so far.
Crypto Czar David Sacks Reveals His Team Is Evaluating A Bitcoin Reserve
In a press conference, Crypto Czar David Sacks revealed that his team is already evaluating the creation of a Bitcoin Reserve. He remarked that this is one of the first things he and his team are looking into as part of the internal working group of this administration.
He noted that they are still in the early stages of the evaluation as they are waiting on the US Senate to confirm some cabinet members. However, he assured that that it is one of the first things on their agenda having been instructed by the US president Donald Trump to look into feasibility of creating this reserve.
The post Just In: Crypto Czar David Sacks Reveals The US Is Evaluating A Bitcoin Reserve appeared first on CoinGape.
