Just as the newly appointed White House AI and Crypto Tsar David Sacks cooperated with legislators to cooperate with the potential regulations of digital assets. The first thing they followed was Stablecoins.

Sax said in CNBC's "closing ceremony" in CNBC: "They are very committed to legislation this year through the House of Representatives and the Senate in order to provide a clear regulatory framework, that is, the digital asset ecosystem needs to maintain American innovation." Tuesday. "It takes time to propose legislation through Congress, but I think this is what we can do in the next six months."

Earlier that day, with the help of SACKS, Sacks participated in a press conference with the banks and financial committees of the House of Representatives and the Senate committee to talk about their early goals of their encryption policies. This is part of Washington's busy day. In the White House of Parliament and Trump, the next step of its digital currency plan is announced.

Sax said at a press conference: "I look forward to the golden age of creating digital assets with each of you."

On both sides of his Senate, the Chairman of the Senate Banking Committee Tim Stote (RC), the head of the Senate Agricultural Committee.

Leaders say their primary task is to support a stable bill proposed by Senator Bill Hagerty (R-Tenn.). Stablecoins is a cryptocurrency that is linked to assets (such as US dollars) in the real world.

Stable people have been becoming more and more popular, but mainly overseas. Legislators are now promoting Stablecoin, the headquarters in the United States, and enhanced the dominance of the US dollar through digital finance. Supporters like Sax said that such actions may increase new demand for US dollars by trillions of dollars and help reduce long -term interest rates.

Saxx told CNBC on Tuesday that his new work team's top agenda project is being evaluated " Bitcoin Reserve, "Donald Trump's thoughts put forward the idea of ​​President Donald Trump. Sacks pointed out that the President's Digital Assets Working Group studied that" establishing a Bitcoin reserve or a certain digital asset inventory is feasible of. He clarified that they had not promised to do so, but this was the first thing they had to consider.

Also on Tuesday, SEC has changed significantly on digital asset regulations. Under the new leadership, the agency announced that it will open the door to the meeting of anyone who is interested in discussing cryptocurrencies. This is in sharp contrast to the former SEC chairman Gary Gensler, and the latter has become an opponent of the industry.

The SEC commissioner Hester Peirce now led the agency's newly established encrypted special force and issued a statement called "Start of the Journey". She said the idea was to formulate more transparent and predictable regulations to eliminate legal ambiguous and unnecessary obstacles.

PEIRCE wrote: "The work team is trying to build a regulatory framework. Both have achieved the important regulatory goals of the committee (including protecting investors) and retaining the ability of the industry to provide products and services."

The priority includes clarification of which encrypted assets belong to the securities law, which obtained the path of the regulatory authorities for token issuers, and ensure that compliance measures will not kill innovation. The group will also check encrypted loans, equity, and exchange of trade products and cross -border regulations. PEIRCE emphasized that although SEC aims to promote industry growth, it will not tolerate fraud.

SEC said it is actively soliciting public opinions. Companies and individuals can submit a meeting of written feedback or requests and work teams.

The press conference on Tuesday was the first major policy activity led by Sacks, and Sacks was appointed as the position in December. Despite his lack of direct control over regulatory agencies or Congress funds, Elon Musk positioned him as key figures of the government.

In June, Sacks was previously a Trump critic. He held a fundraising event in his Pacific Heights Mansion to raise $ 12 million for the Republican leader's election.

Sacks held an inaugural ceremony in Washington Special Economic Zone last month and attended an encryption dance surrounded by industry leaders and policy makers. He announced in the incident: "The encrypted war has ended." In the first week of Trump, Sax and President stood together in an oval office and signed a digital asset administrative order.

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