SBR and stockpile “not enough” to make U.S. crypto capital of the world

Jake Cervinsky, lawyer and chief leader of the digital asset manager variant, says that the United States can do more than a strategic bitcoin reserve or a crypto stock if he really wants to be the world capital of cryptography.

According to Cervinsky, having a strategic bitcoin (BTC) The reserve and the stock of digital assets could be excellent for the United States

However, he thinks that alone will not make the country the world capital of cryptography. There is much more that must be done and was right for the quest for President Donald Trump to make the United States a world capital of cryptography.

Pro-Crypto lawyer common His comments on X, with this before the top of the cryptography of the White House. He notably shared these feelings after executive decree On a strategic bitcoin reserve.

None of these elements are in themselves enough.

“For this, we need new policies allowing entrepreneurs to launch protocols and products manufactured in the United States,” he posed. “Being” the capital of cryptography “does not mean holding the most cryptographic richness compared to other countries. This means having the most innovation, the most jobs, the most influence, the most economical activity. To achieve this objective, the government must support companies, not just assets. »»

Last week, Trump announced that several altcoins would be part of an American stock, including XRP (Xrp), Solana (GROUND) and cardano (ADA).

After Trump’s ocea on a reserve and a stock of BTC, the White House published an information sheet which identified what the order has described.

Part of this is the Bitcoin Strategic Reserve which will hold the BTC seized or confiscated following criminal or civil procedure. The government does not sell bitcoin And the Treasury and Trade services are authorized to take advantage of “neutral” strategies to acquire more BTC.

The OE has also established a stock of American digital stocks which will include assets of confiscated digital assets. The United States will not buy these Altcoin assets, but Hodl just lost transport.

Although he rents the Trump administration for this stage, Chervinsky notes more. Take the question of the DEBANKING Crypto, the American Securities and Exchange Commission commission assuming prosecution and probes and more regulatory measures are good efforts.

“But that is not enough: the United States needs clear and durable road rules if we want to win. Clear, which means that entrepreneurs can build with total certainty that they are on the right side of the law. Durable, which means that the new leadership cannot easily rewrite these rules in the future, “he added.

In his opinion, five areas need to prioritize in the midst of efforts to make the United States the world capital of cryptography. These are: the legislation on stables, the legislation on the structure of the market, the securities of of course for the issue of tokens, the protections for banking access and for developers of non -guardian software.