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Date: 2025-02-26 19:02:16
Tyler Williams, who currently serves as Galaxy Digital's regulatory counsel, has been appointed by U.S. Treasury Secretary Scott Bessent to provide advice on digital assets and blockchain technology policy.
In addition to his role at Galaxy Digital, where he leads the Regulatory and Legislative Affairs department, Williams also teaches part-time at The George Washington University Law School.
Before joining Galaxy Digital, Williams worked in government positions. From 2018 to 2020, he served as Deputy Assistant Secretary at the Department of Treasury under Steven Mnuchin, where he provided counsel on digital assets. He also held positions under Senator Thom Tillis in the U.S. Senate and under Congressmen Robert Hurt and John Boehner in the House of Representatives.
Earlier this month, President Donald Trump issued an executive order directing the Treasury and Commerce Departments to establish a sovereign wealth fund, which he expects to be in place by the end of this year.
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While bitcoin (BTC) has not been explicitly mentioned in connection with the fund, it could potentially serve as a means for the government to acquire and hold the cryptocurrency.
Trump has previously suggested that the federal government should maintain digital currencies as part of its national reserve strategy. However, in his executive order, he only instructed his crypto advisers to assess the feasibility of creating a digital asset reserve.
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