David Sachs of digital assets, all he promised at his encryption conference

David Sachs, the newly appointed Crypto CZAR, dealt with a press conference, and set up the strategy of the United States government to become a global leader in the field of digital assets.

A clear organizational framework for digital assets

The primary goal, as the bags explained, is to develop a clear federal organizational framework for the operation of digital assets, including Stablecoins, within the United States, and this comes after years of uncertainty, as many encryption founders express frustration from unclear regulations from the papers and paper. Drainage (SEC). Sachs said that clarity in the rules is the first demand that he heard from industry leaders.

The effect of unclear regulations

For years, encryption companies have faced arbitrary trials, so that some founders are targeting personally, just to engage in the encryption space. According to the bags, this lack of clarity led to the transfer of many companies their operations abroad. The new strategy aims to maintain digital innovation on American soil, ensuring that the country is not missing the next wave of technology.

Enhancing innovation and consumer protection

Sachs said that the presence of an organizational framework in its place will not only enhance innovation, but also improves consumer protection. By returning these operations to the plum, it will be easier for organizers to monitor activities and separate good actors from that bad.

Stablecoins and the American dollar dominance

The other main bags discussed were the capabilities of Stablecoins to enhance the global dominance of the US dollar. He believes that digital assets can increase the use of the dollar at the international level, which makes it a major backup and pay the demand for US treasury bonds. This may ultimately lead to a long -term low interest rates .. “This is a priority for management, and we are committed to ensuring that America is leading the road in digital assets”, concluded Sacks.