Industry leaders are vying for a spot on President-elect Trump's anticipated crypto advisory council, which aims to shape regulatory policy and potentially create a Bitcoin strategic reserve. Key players like Coinbase, Ripple Labs, and a16z are eager to join. While the council might align with the National Economic Council, its structure remains uncertain.

At the North American Blockchain Summit, Dennis Porter emphasized the reserve's importance, likening it to historic US acquisitions. Senator Cynthia Lummis has proposed converting gold to Bitcoin for this reserve, while some, like Mike Novogratz, doubt its feasibility under Trump.