US Treasury Secretary Scott Bessent appointed Galaxy Digital Regulatory Counsel Tyler Williams to advise on digital assets and blockchain technology policy.
Williams is currently serving as head of regulatory and legislative affairs and regulatory adviser at Galaxy Digital and also submits part -time at George Washington University Law School.
He has previously worked with the government, most recently as Deputy Assistant Secretary at the Department of Treasury during Steven Mnuchin from 2018 to 2020, where he advised about digital assets. He also worked under Senator Thom Tillis in the US Senate and under Congress Members Robert Hurt and John Boehner in the Representant House.
President Donald Trump signed an executive order earlier this month, charging the Treasury and the Trade Departments to create a superb property fund that he expects to be set up by the end of this year.
While Bitcoin (BTC) is not mentioned in relation to the fund, it can potentially be a vehicle through which the government may buy and hold the crypto.
Trump has previously suggested that the federal government has digital currencies as part of its national reserve strategy. In an executive order, however, he only accused his crypto advisers of evaluating the creation of a digital asset reserve.
