WASHINGTON, D.C. — Within hours of the announcement that he’d started as the crypto counselor for Treasury Secretary Scott Bessent, former Galaxy Digital lawyer Tyler Williams was addressing a private digital assets event in Washington, D.C., telling the crowd that helping Congress get stablecoin legislation across the goal line is a worthy opening effort.
“Be as supportive as we can to our friends in Congress” who are working on stablecoin policy, Williams advised attendees at the Chainlink-hosted event, arguing that getting those backbone dollar-denominated tokens on legal footing would be “a very good use case” for industry allies in Washington to push. “If we can put a regulatory wrapper around it in a way that allows states and bank regulators and all the ecosystems to live in the same rulebook to be an issuer, I think that’s a pretty good outcome for D.C.”
Meanwhile, Williams, who worked as a regulatory lawyer for Galaxy,…
