David Sacks, the newly appointed White House AI and crypto czar, offloaded over $200 million in digital assets and crypto-related stocks before assuming his role. A White House memorandum dated March 5 confirmed that Sacks personally accounted for $85 million of the sales. He divested major crypto assets like Bitcoin
The White House has confirmed the creation of a Strategic Bitcoin Reserve, a move outlined in an executive order signed by President Donald Trump. This initiative comes just one day before the administration’s first-ever crypto summit. The order directs the Treasury Department to establish an office managing the reserve, which
Donald Trump is known for his pro-crypto stance ever since he started campaigning for his elections in 2024. To fulfil his promise of making the US a crypto capital of the globe, he is taking several initiatives. From signing an EO to bring crypto-friendly policies to scheduling the first White
US White House Crypto & AI Czar David Sacks talked about various things related to crypto on the latest CNBC interview. From forming a regulatory framework to establishing a Bitcoin reserve, David clarified on their upcoming plans for crypto. David Sacks revealed that he was in a meeting with House
The year 2022 has been a terrible year for the crypto market, with investors facing severe lows and the collapse of the LUNA/Terra, and the bankruptcy of significant corporations like FTX leading to the crypto facing bears, and despite all of this loss, many still have faith in the cryptocurrency
Taxes for your cryptocurrency! Sounds pretty insane right? Obviously yes, owing to the fact crypto is the most spectacular industry which has multiplied the world development 10X times faster than the rather anticipated. On seeing mostly all the individuals investing a significant amount irrespective of many regards, imposing taxes for
White House Officials monitor the gaps in the digital asset regulations and examine the fluctuations in the market, reports Washington on Tuesday. New Protocols for Crypto investors Washington reports that Biden Authorities meet other government staff to examine the risk involved in the crypto market. The Officials are researching the
