Georg Brameshuber, a crypto advisor, said that the United States is "reshaping its crypto strategy" through the Digital Asset Bicameral Group and is proposing a sovereign wealth fund to become a "bitcoin-powered superpower." Brameshuber made this statement in a February 5 post on X.
"The U.S. is reshaping its crypto strategy by establishing the Digital Asset Bicameral Group and proposing a sovereign wealth fund, aiming to position itself as a bitcoin-powered superpower," said Brameshuber, crypto advisor and co-founder. "Hester M. Peirce from the SEC emphasized that the new task force would establish a legally defensible framework to encourage innovation while protecting investors."
Commissioner Hester M. Peirce released a statement on February 4 regarding the Crypto Task Force. According to Peirce, the task force is working to clarify the security status of crypto assets, determine areas outside the Securities and Exchange Commission's (SEC) jurisdiction, and review requests for no-action letters. The group is considering temporary relief for token offerings if entities provide updated disclosures and accept SEC oversight in fraud cases. It will assess changes to Regulation A and crowdfunding for token registration, update special-purpose broker-dealer rules, and address custody solutions for investment advisers. Additional priorities include regulations on crypto-lending and staking, policies on "exchange-traded products," and cross-border regulatory frameworks.
Georg Brameshuber's post
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"We will collaborate with others across the federal government, with state securities regulators, and with our international counterparts," said Peirce in her statement according to the U.S. Securities and Exchange Commission. She added that they invite builders, enthusiasts, and skeptics to engage with them to figure out what the final rules should be and what interim steps might help foster innovation in the meantime.
According to a White House executive order, the U.S. government plans to establish a sovereign wealth fund intended to manage national wealth, support fiscal sustainability, lessen tax burdens, enhance economic security for future generations, and strengthen the country's global economic and strategic position. The Treasury and Commerce secretaries, in coordination with the president’s economic advisor, will be responsible for developing a proposal for a U.S. sovereign wealth fund.
Brameshuber is also known as the co-founder of Validvent and a board member of the Digital Asset Association Austria (DAAA). He is recognized as a certified tax advisor and Web3 entrepreneur with five years of experience researching and teaching crypto economics at the University of Vienna. According to his LinkedIn page, Brameshuber offers crypto tax advisory services as well as consulting for Web3 startups.
