The US President Donald Trump can be a shelf plan for the official “encryption council” in favor of a series of unofficial summits, characterized by the cast of rotating industry leaders. This change, which was first reported by Unchained Crypto on February 13, reflects the attempt to defend the strategic policy consideration and the increase in internal tensions in the digital asset industry.
Encryption ICE Council, summit
According to Unchained, according to three anonymous sources familiar with the administration’s decision -making process, the proposed summit can solve the clear policy problem from banks and payments to data center and bitcoin (BTC) mining.
In some of the reports, Unchained said: “The Trump administration may not eventually start an official encryption council. Instead, the White House, according to three sources familiar with the decision -making process, will collect the encryption leader group that rotates for a series of “normal” on certain encryption policy issues. ”
I’m not sure how many summits the White House is considering or exactly when it will happen. The two sources told the Unchained Crypto that the Industry Trade Association evaluated the potential format and discussion topics.
The prospect of this temporary summit stems from the desire of the Trump team to avoid power struggle within a wide range of encryption ecosystems. Industry players are gradually falling into factions, including “Bitcoin Maximumist”, supporters of distributed financing (defi), supporters of central response exchange, and other people.
Many of the digital asset space previously expected the launch of the Digital Asset Presidential Council (‘Crypto Council’. The expectation was promoted by President Trump’s December post by the December post on the truth society.
According to the initial proposal, passwords and AI Czar David Sacks served as chairman, and former parliamentary candidate BO HINES will be a manager. Heinz has maintained a low profile since December, but a source without a name meets UNCHAINED to meet Washington’s lawmakers and lobbyists to evaluate alternatives. According to these sources, the summit can be explained to the public that “the brightest heart of the United States is an easy way to put weight in their specialty.”
Not everyone has seen pivot as a pure strategic movement. In Unchained’s report, an individual without a name expresses skepticism. SUMMITS can be “how to avoid purely conflict” and Trump can collect internal information. Another source described the participation of Trump Memecoin and World Liberty Financial as “embarrassed.”
Last week, the New York Post leaked the potential candidate of the Trump administration’s encryption committee. Among them, Marco Santori, Ripple co -founder Brad Garlinghouse IS Marszale was there.
Is Ripple a responsibility?
The founder of X3, Andrew Parish (@ap_abacus), caused more rumors. Parish was posted on X. “It must be clear at this point. And a source to check late last night: ‘Ripple was too strong. The XRP is unlikely to be a Fed level preliminary. ”And ‘SBR of the best path (…) for SBR is not simple. It takes time. ; You must avoid the laws of unintended consequences (…) Trump trusts the first paper of Bitcoin. ‘”
This statement suggests that Ripple’s lobby or recognized Over Rich is away from the Trump administration from preventing Ripple from playing a prominent role in the government’s discussion. However, the parish posts are based on an anonymous source and are maintained in an unproven state.
Some prominent figures of the Bitcoin community have provided their popularity for rumors. Julian Fahrer, the co -founder of Apollo, said in X as follows. Not surprising. Imagine what Ripple’s contribution is so far. ‘There is a plan to abandon XRP permanently by Americans.’ I was shocked by the fact that this brain trust does not work! ”
Meanwhile, Steven Lubka, the head of SWAN Private, posted on X as follows: “Ripples posture would have made the entire encryption council with Trump with Trump with Trump.”
In the press time, XRP was traded at $ 2.54.
DALL.E, major images made with charts on TradingView.com