In the US, former soccer star Robert “Bo” Hines has been appointed executive director of the Presidential Council of Advisers for Digital Assets, signaling another positive step for cryptocurrency policy.
President-elect Donald Trump brought the news he announces on his social media platform Truth Hines as the latest addition to his newly formed Crypto Council, which Trump describes as an “advisory group made up of crypto industry luminaries.”
Hines is a law student and former college football player who played for the NC State Wolfpack and Yale Bulldogs. After retiring from American football in 2017, the Republican moved into politics in 2021.
Trump wastes no time putting together his glowing crypto advice. He recently announced that the chairmanship would be taken over by the “AI and crypto czar”. David Sacks. The South African-born entrepreneur was tasked with “working on a legal framework so that the crypto industry can get the clarity it has demanded and thrive in the United States,” Trump said.
Another recent Trump appointment is that of Sriram Krishnan as Senior Policy Advisor for AI in 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 steam ahead for cryptocurrency
Having a Crypto Council in the White House is an extremely important step for cryptocurrency. The pro-crypto hotshots advisory group will focus exclusively on digital asset policies in the US. And with the right legislation, the crypto market can only grow.
Trump also plans to create a strategic Bitcoin reserve in the US, prompting MicroStrategy founder Michael Saylor claim that a Bitcoin reserve could bring $81 trillion to the US Treasury.
Saylor also proposes a digital asset framework that defines clear roles for issuers, exchanges and owners to level the playing field and ensure that no participant – regardless of role – can “lie, cheat or steal.” ”
This is great news for the cryptocurrency market, even for new entrants like Wall Street Pepe ($WEPE). This presale meme coin has a similar mantra: it aims to level the playing field for the smaller frogs and prevent whales from manipulating the crypto market.
Wall Street Pepe is building an exclusive insider community that gives everyday investors the opportunity to take on the whales and achieve their own high returns by collaborating and sharing insights and tips.
Advertised as Presale meme coin to watch$WEPE was With $35 million already raised, it broke every new presale record. It saw a capital inflow of $6 million in just 24 hours and has a rapidly growing army of frogs on X that keeps pace with the meme coins’ ongoing momentum.
But a warning. Presales are about to enter the next phase, so the clock is ticking if you’re thinking about taking the plunge. Remember that it is your responsibility to DYOR as this article does not constitute financial advice.
Start with a visit to $WEPE X channel and take some time to read the White paper.