President Donald Trump has appointed Stephan Miran as the chair of the Economic Advisory Council, signaling a new direction in the US's cryptocurrency sector.
Appointment of Stephan Miran
Stephan Miran will be a pivotal figure in shaping the economic policy of the United States during Trump's second term. The new chairman aims to focus on the cryptocurrency sector to solidify US leadership in this area.
Cryptocurrency Regulation Reform
Miran is known as a strong advocate for cryptocurrency regulation reform. He has stated that current regulations hinder innovation and highlighted the need for substantial changes in the legal framework to maintain the US's technological leadership. Previously, Miran criticized Federal Reserve Chairman Jerome Powell's economic stimulus plan as 'insufficient and flawed'.
Key Appointments in the Crypto Sector
Trump has long shown interest in cryptocurrencies and aims to make the US the crypto capital of the world. As part of this strategy, he appointed Paul Atkins to oversee the SEC and Bo Hines to manage digital asset policy. These appointments confirm the administration's commitment to leadership in the crypto sector.
Appointments in the US Economic Council highlight the growing focus on cryptocurrencies as a significant part of policy and economy. Significant regulatory changes are anticipated, potentially affecting US leadership in this field globally.
