On February 5, according to information from a joint press conference in Washington, President Donald Trump has appointed David Sacks as the "head of cryptocurrency". Sacks presented the new government's grand plan to support cryptocurrency. When asked about the role of cryptocurrency in the proposed new US national asset fund, Sacks revealed that evaluating the feasibility of Bitcoin reserves is a top priority for a task force within the government.
Sacks said, "We are awaiting confirmation from a number of ministers in the task force, but once confirmed, one of our first tasks will be to assess the feasibility of holding Bitcoin reserves". He also added that national asset funds are a different concept, and Trump's nominee for the position of Commerce Secretary, Howard Lutnick, will be in charge of this matter.
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