US President Donald Trump’s administration may be shelving plans for a formal “Crypto Council” in favor of a series of informal summits featuring a rotating cast of industry leaders.
expected to reach $10T by 2030, and 10% of all financial assets are expected to be tokenized by 2030.
Trump has signed an executive order that instructs the Treasury and Commerce departments to create a sovereign wealth fund within the next year, sparking speculation that the fund could be used as a vehicle for U.S. government bitcoin purchases.
