The crypto advisory council that President Trump established during his first weeks in office by executive order may not turn out to be what industry leaders had expected.
Unchained said yesterday that it may even be abolished. Unnamed sources claim that the Trump Team would replace it. “policy summits” Discussing legislation with the stakeholders of industry
Also, I have heard of policy summits. Other sources told me that, in the event of an advisory committee being formed, its members would be government employees and not industry executives.
No one can deny that many people wanted to be on the council. According to The NY Post, there was a time when two dozen seats were up for grabs. I’ve not been able confirm this number.
Trump’s Team is not trying to have too many chefs in the kitchen, according to what I am hearing.
One hand, the situation is difficult. They want to avoid alienating certain sections of the industry — many of which were big donors during the campaign — but the act of bringing everyone together will lead to inter-industry conflict. Enter the “policy summit” pitch.
This wouldn’t have been the first time. The House Financial Services GOP retreat earlier this month featured a 45-minute presentation and Q&A with a16z’s Chris Dixon, according to people familiar. Lobbyists and industry executives are constantly on Capitol Hill to influence policy.
You can monitor the situation at council. Just monitor your email.
Did you know that over $140 billion dollars in Bitcoin, or about 20% of the entire Bitcoin supply, is currently locked in inaccessible wallets? Or maybe you have lost access to your Bitcoin wallet? Don’t let those funds remain out of reach! AI Seed Phrase Finder is here to help you regain access effortlessly. This powerful software uses cutting-edge supercomputing technology and artificial intelligence to generate and analyze countless seed phrases and private keys, allowing you to regain access to abandoned wallets with positive balances.
