Discussions are underway within President-elect Donald Trump’s team to establish a White House position solely dedicated to cryptocurrency policy.

According to a report by Bloomberg News, Trump’s team is actively consulting with digital asset industry experts to explore this innovative proposal. Insiders familiar with the process also confirmed that candidates for the potential new role are being carefully vetted. However, despite the growing buzz, the transition team has declined to comment on these discussions.

This aligns with Trump’s pro-crypto rhetoric during his campaign, where he championed Bitcoin and vowed to replace SEC Chair Gary Gensler, known for his critical stance on digital assets. If implemented, the role would mark a historic milestone for the crypto industry, signaling its rise from a niche innovation to a mainstream policy focus.

This shift reflects a broader evolution in Trump’s impact on the crypto sector. Beyond symbolic gestures, like Bitcoin payments, his policy proposals signal a deeper commitment to fostering the digital asset industry, as Trump’s agenda includes regulatory clarity, protecting self-custody rights, and opposing central bank digital currencies (CBDCs). These measures resonate with his broader vision of positioning the U.S. as a global leader in blockchain innovation.

Within a month of being elected, Trump’s presidency has already sparked a positive market reaction, with Bitcoin hitting record-breaking highs and approaching the highly anticipated $100,000 milestone. This surge is seen as a direct result of the market’s optimism regarding Trump's pro-crypto policies and potential regulatory shifts under his administration.