Tag: David Sacks

Bitcoin Falls 6% as Trump Signs Executive Order for Crypto Reserve

Bitcoin Falls 6% as Trump Signs Executive Order for Crypto Reserve

President Donald Trump signed an executive order today establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile.” The initiative will initially use cryptocurrency seized in government criminal cases. White House AI and crypto czar David Sacks announced the move on X, calling it a “digital Fort Knox” for Bitcoin. “The Reserve will hold Bitcoin forfeited in criminal or civil…

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Will stablecoin replace fiat?

Will stablecoin replace fiat?

Washington buzzed with crypto policy activity Tuesday as White House Crypto Czar David Sacks joined Republican lawmakers to outline regulatory priorities. The focus centered on advancing stablecoin legislation and exploring a potential U.S. Bitcoin reserve. The SEC unveiled a proactive stance toward industry collaboration, signaling a shift from its previous adversarial approach. Sacks emphasised bipartisan urgency, stating a regulatory framework…

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Trump’s Crypto Executive Order: What It Means for the Industry?

Trump’s Crypto Executive Order: What It Means for the Industry?

Day 3 of being president of the United States of america  President Donald Trump signed a groundbreaking executive order Thursday, signalling a seismic shift in the United States approach to digital assets. The order promises to revolutionise the cryptocurrency ecosystem and to establish a national digital asset stockpile. Who Will Lead This Change?  Venture capitalist David Sacks, Trump’s newly appointed…

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