Articles
Crypto Market Analysis

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

User Image

By Anonymous

Created March 27, 2026|2 mins read
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


Other articles published recently

Tokenized Treasuries hit $15 billion as bitcoin stalls, Fed rate-rise concerns build
Tokenized Treasuries hit $15 billion as bitcoin stalls, Fed rate-rise concerns build

Bitcoin

Your day-ahead look for May 13, 2026Source: CoinDesk...

Hyperliquid ETF attracts $1.2M inflows in 'very solid' US debut
Hyperliquid ETF attracts $1.2M inflows in 'very solid' US debut

Trading Strategies

21Shares’ Hyperliquid ETF debuted in the US to a “very solid day” of trading, despite volumes ...

Legend becomes latest DeFi app to throw in towel
Legend becomes latest DeFi app to throw in towel

DeFi

“The product that wins isn’t the one that explains crypto better, it’s the one that hides it c...

Upexi falls 8% after widened fiscal Q3 net loss
Upexi falls 8% after widened fiscal Q3 net loss

Solana

Upexi increased its Solana holdings to 2.5 million, valued at more than $238 million, making it the ...

EToro profits rise as commodities boom offsets crypto trading slump
EToro profits rise as commodities boom offsets crypto trading slump

Trading Strategies

EToro posted its strongest quarter as a public company, with net income up 37% to $82 million, but c...

Jane Street slashes Bitcoin ETF holdings, adds Ether funds in Q1 2026
Jane Street slashes Bitcoin ETF holdings, adds Ether funds in Q1 2026

Bitcoin

Jane Street cut Bitcoin ETF holdings sharply in Q1 2026, including IBIT and FBTC, while adding at le...