United States encryption and digital assets Top David Sacks first press conference

United States encryption and digital assets Top David Sacks first press conference

Today, David Sachs, President Trump Trump and Ai CZAR, held a press conference alongside Senator Tim Scott, French actor Hill, Senator John Bouzman, and actor GT Tombson to reveal new American leadership plans in digital assets. They have submitted a genius law, a bill aimed at organizing Stablecoins by creating clear issuance procedures and appointing federal organizers and states based on the size of the source.

Sacks emphasized that maintaining innovation on the beach is a top priority to ensure that global leadership is preserved in financial technology. To apply for this initiative, a joint working group was announced between the House of Representatives and the Senate devoted to encryption legislation. This effort reflects the broader goal of the administration of creating organizational clarity and strengthening the booming Blockchain system in the United States.

Despite these ads, the market responded negatively, Bitcoin price Decrease. Some investors were frustrated due to the lack of exclusive news in the market, and they failed to realize that comprehensive legislation is necessary to adopt encryption at the national level-especially if the government intends to keep digital assets as part of the treasury reserves.

A unified approach to regulating encryption

One of the fast food from the press conference was to announce a working group of the two parties and the two who would lead to legislation forward. This working group includes:

• Financial Services Committee in the House of Representatives
• Senate Banking Committee
• Agriculture Committee in the House of Representatives
• Senate Agriculture Committee

With this alliance, legislators aim to coordinate regulations through various supervision agencies such as the Securities and Stock Exchange Committee (SEC) and the CFTC.

Challenge? some Digital assets Securities are, while others fall under the category of commodities, creating a complex organizational scene.

By combining the main stakeholders, this initiative seeks to eliminate uncertainty and provide the encryption industry with clear guidelines on compliance, operations and legal obligations.

Stablecoins and the future of the US dollar

One of the most important features of the discussion was the role of Stablecoins in ensuring the dominance of the US dollar in the global financial system. Stablecoins – Successful assets associated with traditional currencies – a way to increase the benefit of the US dollar in the digital economy.

Senator Bell Hajari presented a new bill that is expected to be in line with the previous parties of the two parties, which reflects an increasing consensus on the need for well -specific regulations. Officials have emphasized many of Stablecoins, including:

• Enhancing the role of the US dollar as a backup currency in the world in an increasing digital world.
• Pay the demand for US Treasury bonds, which can help reduce long -term interest rates.
• Providing a transparent and organized alternative to stablecoins abroad, reducing risks to consumers and companies.

Stablecoins is seen as a critical financial tool for border payments, decentralized financing (Defi), and global trade. By organizing it effectively, the United States can enhance its leadership in the financial sector while maintaining control of digital transactions.

End the organizational uncertainty for the owners of encrypted projects

For years, Emerging companies encryption The creators have fought with unclear and inconsistent lists, and they often face the prosecution without clear directive about compliance. The lack of regulatory clarity led the founders to save them and emerging companies moving abroad, and converting innovation away from the American markets.

The administration aims to reflect this trend by creating a transparent organizational environment where encryption companies can operate with legal confidence and confidence. Officials emphasized that the good rules will lead to:

• Encourage local innovation instead of pushing companies abroad.
• Separate from legitimate companies from bad actors, which reduces the risk of major fraud, such as FTX, in the Bahamas.
• Providing better protection for consumers, making it easier for organizers to supervise the encryption markets.

The shift to the prominent organization is expected to enhance the safety of the market while enhancing health competition between the US -based digital asset companies.

Legislative priorities: Market structure and consumer protection for encryption and niches

As part of the broader batch for organizational clarity, legislators are working on two major legislative efforts:

1. Market structure legislation – based on the FIT 21 draft law, which has previously passed the House of Representatives with strong support from the two parties. This draft law seeks to provide clear definitions of digital assets, set organizational control, and create fair compliance requirements.
2. Stablecoin Legislation – is now gaining momentum, with the new draft law presented by Senator, my immigration, to set a strong basis for Stablecoin.

Congress leaders stressed the importance of cooperation between the two parties, highlighting the previous successes in achieving widespread support for encryption regulations. With a new administration committed to financial innovation, there is optimism that both bills will pass quickly and signing a law.

Bitcoin Reserve? Evaluation of encryption possibilities

One of the most interesting developments from the press conference is to mention the American Bitcoin Reserve. President Trump had previously put forward the idea of ​​keeping him Bitcoin As part of the national reserves, officials confirmed that the administration is actively evaluating the feasibility of such a step.

While the details remain compatible, the Bitcoin Reserve can serve multiple purposes, including:

• Diversify the US reserves in the global digital economy.
• Enhancing the country’s position in the encryption markets by adding legitimacy to bitcoin as a financial asset.
• Attracting Blockchain infrastructure, and leading technological developments.

In addition, discussions about the sovereign wealth fund that includes digital assets are still ongoing, although officials have indicated that such plans will require more evaluation.

What could be better?

While the press conference identified ambitious plans, many in the encryption community felt disappointed because there were no leading immediate ads. The market reaction reversed this frustration, with the low bitcoin prices, as investors expected more clarity in major issues such as:

• What are the digital assets that will be included in the American Treasury Reserve?
• What is the timetable for complete organizational implementation?
• Is there a possibility to remove taxes on American digital assets?

The genius law presented a preliminary framework, but there was only little clarity about a valid date, or whether the tax incentives for encryption holders will be considered. Many Bitcoin investors expect an official confirmation of Bitcoin government purchases, which did not happen. The possibility of removing taxes on American digital assets was the subject of discussion, but there was no official confirmation or a concrete proposal from the administration or Congress at this time.

This frustration, although it is concept, overlooks the largest image: for the US government to combine encryption effectively into its financial infrastructure, it must first create a legal framework. Without clear regulations, the government cannot keep, issue or handle the encryption assets on a large scale.

Looking to the future: a decisive moment for us the policy of encryption

The United States stands at a critical crossroads in its approach to encryption and digital assets. The next hundred days will be decisive, as legislators and organizers are working to finish legislation, educate new members in Congress, and implement a coherent strategy for the future encryption in the United States

The comprehensive goal is clear: maintaining innovation on the beach, creating fair and transparent regulations, and protecting consumers while enhancing financial growth.

Despite the market doubts, this press conference indicates a major step towards the economy of regulatory and supportive digital assets. Taking into account the organizational framework, all eyes will be on Congress and industry leaders and administration to ensure that America remains the leading company in digital assets – not only for today, but for the future of financing and encryption.

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