Wu Blockchain (@WuBlockchain): According to an interview with Fox Business, David Sacks stated that the Digital Assets Working Group will develop a regulatory framework focused on e…
Estimated coin impact
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According to an interview with Fox Business, David Sacks stated that the Digital Assets Working Group will develop a regulatory framework focused on establishing market structures, defining digital assets such as securities, commodities, and collectibles, and evaluating the feasibility of a national digital asset stockpile. Sacks views the TRUMP token as a collectible similar to a baseball card and does not see it as a conflict of interest. He also criticized CBDCs as a threat to freedom and advocated for stablecoins as a better alternative. Additionally, he noted that digitizing the dollar could increase demand for U.S. Treasuries, support national debt, and lower long-term interest rates. The national digital asset stockpile plan remains under evaluation and has not yet been finalized. x.com/EleanorTerrett…