Articles
Crypto Market Analysis

David Sacks’ 130-day term as Trump’s crypto and AI czar has ended

User Image

بواسطة مجهول

تم الإنشاء March 27, 2026|2 دقائق للقراءة
Main Image

David Sacks will lead a new tech-focused advisory group established by the White House, which will include key tech leaders like Nvidia’s Jensen Huang and Meta’s Mark Zuckerberg.

David Sacks, a venture capitalist who became a special White House official under US President Donald Trump last year, has wrapped up his 130-day tenure as crypto and AI czar but will continue to shape policy in a new role.

“We've now used up that time,” Sacks told Bloomberg on Thursday, noting that he will continue making policy recommendations across a broad range of tech industries as co-chair of the President’s Council of Advisors on Science and Technology (PCAST).

Sacks has been an influential figure in the White House since Trump’s appointment in 2025, acting as the president’s key adviser on technology.

The new role will overlap with his previous role as crypto and AI czar, noting that he and other members would “study issues together” before issuing official recommendations to regulators.

As the crypto and AI czar, Sacks helped the President's Working Group on Digital Asset Markets release a 166-page report in July, which outlined recommendations on how the crypto industry should be regulated. 

More recently, on March 20, Sacks helped the Trump administration put out an AI framework that seeks to empower AI innovation and workplace development while protecting children and intellectual property rights.

Sacks also played a role in the passage of the stablecoin-focused GENIUS Act in July and continues to push for crypto market structure legislation, such as the CLARITY Act.

A report from Fox Business, quoting a senior adviser to the president, said Sacks will continue serving as AI and crypto czar while taking on a broader portfolio.

"David will always be his crypto and AI czar, but to the admin more broadly, this new role will allow him to advise on a broader range of critical tech issues," they said.

PCAST will consist of 13 tech leaders spread across AI, crypto, health care and quantum computing.

Among the members joining Sacks are Nvidia’s Jensen Huang, Meta’s Mark Zuckerberg, AMD’s Lisa Su, Oracle’s Larry Ellison, Andreessen “a16z” Horowitz’s Marc Andreessen and Dell Technologies’ Michael Dell.

The only crypto-native member is Fred Ehrsam, who co-founded Coinbase with CEO Brian Armstrong in 2012 before co-founding crypto-focused VC Paradigm in 2018.

Related: SEC is no longer a ‘cop on the beat’ on crypto, says US lawmaker 

Sacks said a primary focus of PCAST is to ensure America’s AI strategy is aligned between the federal and state governments:

“So what the president has called for is one rulebook,” he added.

Magazine: Big Questions: Can Bitcoin save you from the dreaded Cantillon Effect?

Source: CoinTelegraph


مقالات أخرى نشرت مؤخرا

Bitcoin’s calm is back and so is the setup for a volatility explosion
Bitcoin’s calm is back and so is the setup for a volatility explosion

Bitcoin

Bitcoin’s daily price swings have tightened to their narrowest since January, making clean trades ...

Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers
Quantum Solutions, Hyperscale Data tap crypto treasuries to fund AI data centers

Ethereum

The firm’s board raised the sale cap to 4,375 ETH through Oct. 30, nearly 66% of June holdings, al...

New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'
New York sues Kalshi, alleges it offers a gambling platform 'plain and simple'

Casino

The suit wants to bar the company from operating what it says is an unlicensed gambling business and...

XRP Ledger upgrade brings back features once pulled over critical bugs
XRP Ledger upgrade brings back features once pulled over critical bugs

Crypto Market Analysis

The xrpld 3.3.0 release is expected next week with five proposed amendments, including two revised f...

Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit
Binance founder CZ calls for wallet diversification after $70 million Coldcard exploit

Crypto Market Analysis

Binance founder Changpeng Zhao says hardware wallets can still have bugs and suggests spreading fund...

Bitcoin ETFs end July in the green despite late-month selling
Bitcoin ETFs end July in the green despite late-month selling

Bitcoin

Spot Bitcoin ETFs attracted $172.4 million in July inflows but remained $5.3 billion negative year t...