President Trump Names Crypto Supporter Mick Mulvaney As White House Chief of Staff


President Trump has recently named the director of the Office of Management Mick Mulvaney as his acting White House Chief of Staff.

Mulvaney has been known as one of the most prominent supporters for cryptocurrency and blockchain technology. During his time as a House of Representatives, the South Carolina Republican contributed to the creation of the Blockchain Caucus, a group of House lawmakers dedicated to making responsible new policies on the emerging technology.

Muvaney has commented in the past,

“Blockchain technology has the potential to revolutionize the financial services industry, the U.S. economy and the delivery of government services, and I am proud to be involved with this initiative,”

During October, the Blockchain Caucus introduced two articles for legislation to create a regulatory approach to blockchain technology that supports growth and innovation. According to the proposal its,

 

“designed to increase the support and growth of the technology’s implementation in the public and private sector to improve overall privacy, transparency, and efficiency.”

Our Thoughts

We congratulate Mick Mulvaney for his new position and hope he’ll use it to further spread the word of cryptocurrency and blockchain technology. With a man like that seated at the top, one can wonder how much improvement will be made for the scene in the coming years.

What are your thoughts about this recent development?

Let us know your thoughts.


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Keith Wang

Keith Wang is a writer and programmer specializing in bitcoin and blockchain technology. Keith has been a long time believer of bitcoin and blockchain technology and spends his free time following up with blockchain news. You can contact Keith at keith@cryptomenow.com

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