Trump Eyes White House Crypto Advisor Role to Drive Bitcoin Policies
President-elect Donald Trump is reportedly considering the creation of a White House crypto advisor role as part of his push to support Bitcoin-friendly policies and foster better coordination with regulators.
The proposed role would act as a bridge between Congress, regulatory bodies, and the administration to shape and implement cryptocurrency policies. While no official nominees have been named, sources suggest Brian Brooks, a former executive at Binance.US and Coinbase, is a potential candidate.
Trump’s campaign has highlighted its pro-crypto stance, pledging to promote Bitcoin adoption, appoint crypto advocates to key financial positions, and establish a Bitcoin Reserve to strengthen the U.S. position in the digital asset space.
Insiders reveal that Trump’s team has begun interviewing candidates for the role, with some discussions taking place at Mar-a-Lago. However, the selection process remains under wraps, and no formal announcements have been made.
During his campaign, Trump reportedly received advice on crypto policies from David Bailey, CEO of Bitcoin Magazine. Bailey helped draft executive orders aimed at bolstering the industry and described the proposed Bitcoin Reserve as a groundbreaking initiative to ensure Bitcoin’s growth in the U.S. Trump also addressed the Bitcoin community at Bailey’s Nashville conference, reaffirming his commitment to advancing the crypto sector.
Though details about the advisor role are still emerging, its creation signals a significant shift in how cryptocurrencies might be approached at the federal level. Whether the position will focus exclusively on White House initiatives or function as a broader “crypto czar” role is yet to be determined. Either way, it underscores Trump’s intent to prioritize cryptocurrency as a cornerstone of his economic agenda.
Featured image from: cryptonews.com.au