U.S. Treasury Secretary Scott Bescent reportedly appointed Galaxy Digital’s regulatory and legislative and regulatory lawyer Tyler Williams to advise on digital assets and blockchain policies. Williams previously held the position of Deputy General Treasury Secretary under Stephen Mnuchin.
The new advisor to the Treasury Secretary also handled financial regulations in the House and Senate under Senators Tom Tillis and lawmakers John Bourner and Robert Hart. Williams received his Bachelor of Arts in Economics from Kenyon College and a Graduate degree from George Washington University Law School, and spoke part-time.
Williams will work with Bescent as part of the U.S. government department mandated by the President to explore a comprehensive cryptographic regulation framework. In an executive order to enhance digital asset technology, President Trump announced that the Treasury will work with a crypto-centric working group to create clarity on digital assets. Trump also ordered the Treasury to prevent the use of cryptography in illegal activities, balance cryptographic regulations and ensure national security while using cryptography.
In January, the Senate confirmed Scott Bescent as the new Treasury Secretary as Janet Yellen’s successor after a 68-29 vote. The billionaire with experience in hedge fund management was Trump’s advisor before the official government appointment. Bessent claimed in favour of digital assets during the Senate hearing, saying Crypto would “stay here.”
Bescent reaffirmed his stance from a July 2024 interview with Gravien, doubling his digital assets as a means of financial freedom. During the hearing, the Treasury Secretary expressed his opposition to CBDCS, claiming that the US did not request currency as an investment measure.
The appointment comes after some Trump orders
Bescent’s appointment follows several Trump directives regarding the country’s digital asset development. Earlier in the month, the president signed an executive order directing the Ministry of Finance and Commerce to establish a sovereign fund. The order outlined the fund’s financial support for the country’s long-term financial health and US leadership.
The Treasury and Commerce Departments must submit plans to President Trump within 90 days of signing the order. President Trump added that the sector should provide governance strategies, funding mechanisms, fund structures and investment options in its plans. The plan also touches on laws that require the establishment and management of the fund.
The president also ordered his administration to explore the establishment of a national strategic Bitcoin reserve after he took office. The statement urged various sectors to consider the possibility that the US would acquire crypto stockpiles before competitors such as China and Russia. However, the president did not include a statement in any of his executive orders on digital asset technology.
The NBC report speculated that the order showed the president’s willingness to fulfill his promise to the crypto community. President Trump recently reaffirmed his plans to establish BTC preparations. Senator Elizabeth Warren is investigating this option at the federal level. More than 33 states are also working on Bitcoin Reserve Act.
Tyler Williams discusses Crypto at a DC Invite-only event
@chainlink Invited only events in DC hosted by @digitalchamber and @kai_meta
Tyler Williams said he has been appointed under the Secretary of Treasury to advise on digital assets and blockchain technology policies.
“We are excited to see the refreshing views from the government. Lots of…pic.twitter.com/zbcmv1x1sx-Anastasia golovina (@stasia_bk) fbrstory 26, 2025
The new digital assets and blockchain policy advisor spoke today at an invitation-only event in DC hosted by Kai Meta, Digital Chamber and ChainLink. He was joined by Chainlink co-founders Sergey Nazarov and CEO Brian Steil. Commenting on recent developments in crypto, Williams said he is ready to see the current government’s new perspective on digital assets.
The financial adviser further said many members of the Trump administration look forward to learning new ways to leverage digital assets to boost the US economy. In his opinion, the United States has a good institutional and regulatory framework, and he added that the US regulatory position prevails in the digital asset sector. Williams argued that despite the rapid growth of the asset class, the country can also approach stubcoin regulation seamlessly.
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