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White House Crypto Officer David Saxes were in front of cameras with members of the Senators and House of Representatives today. At a highly expected press conference in the crypto industry, law works were mainly mentioned.
“I’m sure we will start a golden era in digital assets”
Launching the press conference, Six said, “To date, this important technology of the future has been transferred abroad because of the crypto’s perspective. However, we want to keep this innovation in the United States. Similarly, financial assets are ruined for digitalization.
Later, Senator Tim Scott, who took the floor, stressed that he intends to spend the draft rules in 100 days before the Senate and will be very aggressively developed. Scott also remembered the expression of the golden age of sacks, “As David said, the golden era has begun and the good news will be even better.” He said.
“Our businessmen need legal clarification”
French Hill, the third name of the House of Representatives, announced that both wings of the Congress would form a crypto working group. “The United States will continue to be a land of innovation and opportunities, as has been in many technologies for decades. We do not want the United States to be lagging behind in financial technology and digital assets. As David Bource says, our businessmen legal They need to know what the rules are.
Fixed Coin Bill will be preferred
In the last part of the press conference, questions were approved. A journalist asked if a priority will be given to a fixed coin bill? Senator Scott said that a priority will be given to a fixed coin bill. Obviously, in an environment where we cannot see many two party cooperation, promising progress is being made in this regard. Like Gilbernd, there are members who are out of the committee but are interested in the sector, and they are desperate to achieve success in this sector. So for the first time in a long time we can take a deep breath. Because this draft is really fast. We are currently in a phase of review and arrangements to reach the president’s desk. He said.
Will be one of the first issues to discuss the BitCoin Reserve
At the Crypto Money Market, the most expected bitcoin reserve question was asked at the end of the meeting. David Sex, White House Crypto, who is about to discuss the issue, explained that the idea of BitCoin Reserve is being studied:
“One of the instructions given by the President was to assess the idea of the BitCoin Reserve. Therefore, it will be one of the first issues that our working group will be discussed. In the early stages, we will first see if the BitCoin reserve is applied.
On the other hand, despite the details of the price of Wikipedia, which was tested, the price of bitcoin. With the expectation of a meeting in the market, the number one crypto currency increased by more than $ 100,000, but after the meeting, it dropped to $ 98,000.
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