Trump Plans White House Crypto Advisor Role

President-elect Donald Trump is reportedly planning to create a new role in the White House: a permanent crypto advisor. This position would act as a link between Congress, regulators, and the White House to shape and oversee cryptocurrency policies. While no official candidates have been named, rumors suggest Brian Brooks, a former Binance.US and Coinbase executive, is being considered.

The responsibilities of this role remain unclear, but some speculate that the advisor could play a significant part in policy implementation and regulatory decisions. Trump’s campaign has emphasized a pro-crypto stance, with promises to support Bitcoin-friendly reforms and appoint industry advocates to key financial roles. He also proposed the creation of a Bitcoin Reserve as part of his broader plans to promote cryptocurrency growth.

Reports indicate that Trump’s team has been conducting interviews with potential candidates, including discussions at Mar-a-Lago. However, there has been no official comment on the selection process, and other potential contenders have not been disclosed.

During his campaign, Trump received informal advice on crypto policy from Bitcoin Magazine CEO David Bailey, who helped draft executive orders aimed at supporting the industry. Bailey described the Bitcoin Reserve as a transformative policy that could ensure Bitcoin’s growth in the U.S. Trump himself spoke at Bailey’s conference in Nashville, signaling his commitment to the cryptocurrency space.

While details about the new role are still emerging, it is expected to bolster the presence of crypto-friendly advocates in the federal government. Whether the advisor will solely operate within the White House or take on a broader "crypto czar" role remains to be seen. However, the creation of this position underscores Trump’s intent to make cryptocurrency a key part of his administration’s economic policy.