According to several executives in the digital asset industry, cryptocurrency companies like Ripple, Kraken, and Circle are vying for positions on the cryptocurrency advisory committee promised by President Donald Trump, seeking to have a voice in his planned U.S. policy reforms. Paradigm and a16z are expected to potentially secure a seat. The crypto committee may be established under the White House National Economic Council. The committee is expected to provide recommendations on digital asset policy, collaborate with Congress to formulate cryptocurrency legislation, establish the Bitcoin reserve promised by Trump, and coordinate with agencies including the U.S. Securities and Exchange Commission, the Commodity Futures Trading Commission, and the Treasury. (Reuters)