Here’s What Donald Trump’s ‘Crypto Czar’ Will Now Work On

David Sacks, appointed by President Donald Trump to lead the newly formed Digital Assets Working Group, on Thursday outlined the group’s priorities, emphasizing the need for regulatory clarity and a strategic approach to digital assets.

What Happened: In an interview with Fox Business, Sacks highlighted three key areas of focus: defining market structures, exploring the potential of stablecoins, and evaluating the creation of a national digital asset stockpile.

Sacks explained that the working group will first prioritize defining market structures.

“We need to define. What is the security? What’s a commodity? What’s a digital asset or collectible?” said Sacks, emphasizing the importance of clear categorizations to provide a sound regulatory framework for the industry.

He stressed the need to bring clarity to this complex …

Full story available on Benzinga.com