Trump’s crypto czar prioritized a Bitcoin reserve while downplaying the idea of a broader digital asset stockpile. David Sacks made his first public appearance, emphasizing

President Donald Trump took another step toward his promise to make the U.S. the “crypto capital of the planet” on Thursday, signing an executive order aimed at promoting the domestic cryptocurrency sector and exploring the possibility of a new national digital asset stockpile.

Ripple is under fire for influencing Donald Trump to sign an order for a digital asset stockpile instead of a strategic Bitcoin reserve.

The feasibility of Donald Trump’s ambition to create a national reserve of Bitcoin is still being studied by officials in the administration, White House crypto czar David Sacks said as he met with lawmakers to advance the new president’s policies on digital assets.

White House crypto czar David Sacks declared that the U.S. was on the cusp of a “golden age in digital assets,” following years of regulatory uncertainty. While Sacks acknowledged that the Trump administration’s specific crypto policies were still in development,

David Sacks had very bullish statements around Bitcoin and crypto in his first ever media briefing as he confirmed that Bitcoin will be assessed for a national strategic digital asset reserve.

The Trump administration is actively pursuing initiatives related to cryptocurrency, but there has not been any official announcement regarding the highly anticipated Bitcoin reserve. David Sacks, the White House’s cryptocurrency director and President Donald Trump’s crypto czar,