Trump Crypto Czar David Sacks is studying the feasibility of the US Bitcoin Reserve

The opportunity for Donald Trump’s ambition to create a national reserve of Bitcoin is still being studied by officials in the administration, Crypto Czar in the White House David Sacks Said when he met with legislators to promote the new president’s policy for digital assets.

“It’s one of the first things we want to look at as part of the internal working group in the administration,” Sacks said of a potential Bitcoin reserve at a press conference in Washington on Tuesday. “We are still waiting for some cabinet members who are in the working group to be confirmed, so we are still in the very early stages of this. But that’s one of the first things we want to look at. ”