In the US, former football star Robert “Bo” Hines has been appointed as executive director of the Presidential Council of Advisers for Digital Assets, signaling yet another positive move for cryptocurrency policy.
President-elect Donald Trump broke the news on his social media platform Truth, announcing Hines as the latest addition to his newly formed Crypto Council, which Trump describes as an “advisory group composed of luminaries from the crypto industry.”
Hines is a law graduate and former college footballer who played for the NC State Wolfpack and Yale Bulldogs. After retiring from American football in 2017, the Republican entered politics in 2021.
Trump is wasting no time in assembling his luminous Crypto Council. He recently announced that it’s to be chaired by “AI and crypto czar” David Sacks. This South African-born entrepreneur has been mandated to “work on a legal framework, so the crypto industry gets the clarity it has been asking for, and can thrive in the US,” according to Trump.
Another recent Trump appointment is that of Sriram Krishnan as Senior Policy Advisor for AI at the White House Office of Science and Technology Policy.
Sriram, a founding member of Windows Azure, is expected to work closely with Sacks and the Crypto Council.
Full Speed Ahead For Cryptocurrency
Having a Crypto Council in the White House is a highly significant move for cryptocurrency. The advisory group of pro-crypto hotshots is set to focus exclusively on digital-asset policies in the US. And with the right legislation in place, the crypto market can only grow.
Trump also plans to establish a US bitcoin strategic reserve, prompting MicroStrategy founder Michael Saylor to claim that a bitcoin reserve could create $81 trillion for the US Treasury.
Saylor is also proposing a digital assets framework, under which clear roles for issuers, exchanges, and owners will be defined, evening the playing field and ensuring that no participant – regardless of their role – is able to“lie, cheat, or steal.”
That’s great news for the cryptocurrency market, including newcomers such as Wall Street Pepe ($WEPE). This presale meme coin has a similar mantra – evening the playing field for the smaller frogs and preventing whales from manipulating the crypto market.
Wall Street Pepe is building an exclusive, insider community, giving everyday investors an opportunity to take on the whales and see their own high returns by working together and sharing insights and tips.
Touted as a presale meme coin to watch, $WEPE has been smashing every new presale record with $35M already raised. It saw a $6 million capital inflow within just 24 hours and has a rapidly growing frog army on X marching in step as the meme-coin momentum continues.
A heads-up, though. The presale is about to enter its next stage, so the clock is ticking if you’re considering taking the leap. Remember, it’s your responsibility to DYOR, as this article does not constitute financial advice.
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