U.S. Treasury Secretary Appoints Galaxy Digital Counsel for Crypto Policy
U.S. Treasury Secretary Scott Bessent appointed Tyler Williams as an advisor on digital assets and blockchain technology policy.
- Williams is currently the head of Regulatory and Legislative Affairs at Galaxy Digital and teaches at The George Washington University Law School.
- He previously served as Deputy Assistant Secretary at the Department of Treasury from 2018 to 2020, advising on digital assets.
- Williams has worked with several governmental figures including Senator Thom Tillis and Congressmen Robert Hurt and John Boehner.
President Donald Trump signed an executive order directing the Treasury and Commerce Departments to establish a sovereign wealth fund by year-end.
- Bitcoin could potentially be used as a vehicle for government purchases within this fund.
- Trump has suggested the federal government consider holding digital currencies in its national reserve strategy.