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

Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike
Core CPI rose a faster-than-forecast 0.3% in August, setting up possible Fed rate hike

Crypto Market Analysis

The August CPI report had taken on outsized importance after Fed Chair Kevin Warsh two weeks ago sug...

Zodia Custody CEO Julian Sawyer steps down, becomes adviser
Zodia Custody CEO Julian Sawyer steps down, becomes adviser

Crypto Market Analysis

Sawyer will become a strategic adviser rather than take the helm of Zodia Solutions, as previously a...

Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value
Metaplanet cuts executive reward pool by 41%, extinguishes $220 million in value

Bitcoin

The bitcoin treasury firm cut the potential Series 10 share pool to 188.2 million.Source: CoinDesk...

India's richest state is exploring tokenizing its own assets to fund new infrastructure
India's richest state is exploring tokenizing its own assets to fund new infrastructure

Crypto Market Analysis

Maharashtra is drafting a policy to tokenize the state's assets, including the electricity transmiss...

With Fed rate hike all but assured, here's how markets might react
With Fed rate hike all but assured, here's how markets might react

Crypto Market Analysis

Traders could look past an expected Fed hike and weigh what higher rates are signaling about the eco...

Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud
Robinhood CEO says companies shouldn't get veto over stock tokens in AMC feud

Crypto Market Analysis

In a post on Friday, Vlad Tenev said securities issuers should control shareholder rights, but not s...