White House | Crypto

Brian Quintenz, Trump's CFTC nominee, has been stalled by the White House in the committee vote that could send his confirmation to the Senate floor.

Pakistan’s crypto minister met with Trump’s digital asset leadership to promote cross-border cooperation and outline Bitcoin-powered infrastructure plans. Pakistan’s minister of state for crypto and blockchain, Bilal Bin Saqib, met with Robert “Bo” Hines, executive director of US President Donald Trump’s Council on Digital Assets, during a visit to the White House. The meeting focused on boosting cooperation between Pakistan and the United States in the digital assets space. Discussions covered a broad range of topics, including Bitcoin (BTC), potential partnerships and the future of decentralized finance, according to a report by 24NewsHD TV. One key area of dialogue was Pakistan’s newly announced Strategic Bitcoin Reserve. “It is my mission to position Pakistan as a global leader in digital assets,” Saqib said after the meeting. Read more

David Sacks says a strategic BTC acquisition could be “budget-neutral,” avoiding taxes, debt, or new federal outlays. The post White House’s David Sacks Hints at Budget-Neutral Path for U.S. Bitcoin Purchases appeared first on Cryptonews.

Although the White House claimed progress was made, no official details on a deal were announced, casting doubts on the purported agreement. The White House announced that talks between the United States and China regarding a trade deal have made "substantial progress," yet no official deal has been announced at this time, leaving investors in doubt. According to a May 11 announcement from the White House, more details on the trade talks and the proposed "agreement" will be revealed on May 12. “I am happy to report that we made substantial progress between the United States and China in the very important trade talks," Treasury Secretary Scott Bessent said in a joint statement with US trade representative Jamieson Greer. Read more