The Cryptocurrency Advisory Council is likely to be located within the National Economic Council of the White House (NEC), which oversees economic policy, or possibly within a separate office of the White House.
Its agenda includes the formation of legislation for digital assets, aligning oversight of regulations between the SEC and CFTC, and promoting Trump's proposal for a national Bitcoin reserve. Some sources suggest that the council may appoint a 'crypto czar' to lead the initiative, with potential candidates including former CFTC Chairman Heath Tarbert and Brian Quintenz from Andreessen Horowitz.
The formation of the advisory council has sparked excitement in the cryptocurrency industry. Many hope that the Trump administration will foster the creation of a more favorable regulatory environment.
