New White House cryptocurrency advisor: Establishing U.S. federal cryptocurrency reserves is one of the priority tasks

According to Foresight News, according to CoinDesk, Patrick Witt, the new White House cryptocurrency adviser who succeeded Bo Hines, said he would urge lawmakers to complete a comprehensive review of U.S. cryptocurrency policy and push regulators to put the new stablecoin law into practice. The three major priorities are the Senate’s market structure legislation, the rapid implementation of the stablecoin law (GENIUS) Act), and the establishment of the U.S. federal cryptocurrency reserves.
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