Donald Trump's team is considering the idea of creating a position in the White House administration focused solely on cryptocurrencies .
According to reports, Trump's team is reviewing potential candidates who could lead the nation's crypto policy as part of Trump's transition efforts.
During his election campaign, Trump showed strong support for the crypto world.
He also made headlines by buying a burger using Bitcoin at a New York bar, showing his commitment to modernizing the financial system.
Trump has also promised to fire Gary Gensler, the current head of the SEC who was known for his skeptical stance on cryptocurrencies several years ago.
If the effort comes to fruition, it could mark an important victory for the digital asset industry.
Over the years, crypto has grown from a niche interest to a mainstream financial sector, gaining worldwide recognition.
Notably, Bitcoin has surged closer to the $100,000 mark, reflecting the growing confidence in the market since Trump's victory.
The move could reshape how the United States (US) leads the rapidly changing crypto landscape, heralding an era in which digital currencies may play a greater role in government and global finance.
