Catenaa, February 05, 2025 – The US government held its first official press conference on digital assets Tuesday, with Crypto Czar David Sacks outlining the Trump administration’s commitment to fostering a favorable environment for Bitcoin and blockchain innovation.
Sacks emphasized that the administration’s executive order prioritizes digital asset adoption and regulatory clarity, a departure from the previous administration’s enforcement-heavy approach. Lawmakers at the event, including Sen. Tim Scott and Rep. French Hill, echoed the call for a “golden age” of crypto innovation, stressing the need for clear rules to maintain US leadership in financial technology.
Discussions included potential legislation, a strategic Bitcoin reserve, and collaboration between regulatory agencies to classify crypto assets appropriately. Sacks also highlighted education as a key component of shaping policy.
