President Donald Trump’s White House AI and Crypto Czar will hold a press conference with key Republican policymakers to share Washington’s digital asset regulatory plans.
Scheduled for Tuesday, Feb. 4, crypto czar David Sacks will spearhead a media day focused on how Congress and President Trump’s cabinet will “secure America as a leader in the digital asset ecosystem.”
The itinerary for the press conference lists a bevy of GOP lawmakers and pro-crypto politicians set to attend, including Senate Banking Committee chair Tim Scott, House Financial Services Committee chair French Hill, Senate Agriculture Committee chair John Boozman, and House Agriculture Committee chair G.T. Thompson.
This marks the first time an ensemble of Trump-aligned senators, representatives, and the White House crypto czar have gathered to inform the public about the administration’s digital asset policy strategy.
Crypto expectations under President Trump have leaned toward clear rules and common-sense regulation. The official schedule of the presidential working group on digital asset markets, likely led by Sacks, also signals intentions to fast-track crypto regulation.
The calendar requires the U.S. Treasury, the Department of Justice, the Securities and Exchange Commission, and other relevant agencies to identify all laws relevant to cryptocurrencies and digital assets by the end of February.
Between March and July, agencies must also provide policy recommendations to rescind or modify existing laws. Within 180 days of July, regulators must submit comprehensive crypto regulatory proposals to President Trump’s office, focusing on a federal framework, market structure, stablecoins consumer protection, and oversight.
These proposals will likely pass through several Congressional hearings and undergo vetting by agencies like the SEC.
While a lengthy process, the press conference featuring Sacks and other GOP lawmakers, as well as scheduled roundtable talks by Commodity Futures Trading Commission acting chair Caroline Pham and a crypto task force launched by SEC interim boss Mark Uyeda, indicates a near-tangible shift in America’s approach to digital asset policymaking.
