The crypto czar era just ended.
David Sacks — Trump's White House AI & Crypto Czar — is stepping down and moving to co-chair the President's Council of Advisors on Science and Technology (PCAST).
Here's what you need to know:
• Sacks hit the 130-day limit for "special government employees" — Democrats had already flagged this issue back in September
• He oversaw the passage of the GENIUS Act (stablecoin regulation) and pushed the crypto market structure bill forward
• The new PCAST lineup is stacked: Marc Andreessen, Jensen Huang (NVIDIA), Lisa Su (AMD), Sergey Brin (Google), Mark Zuckerberg (Meta), Fred Ehrsam (Coinbase backer)
• In his Bloomberg interview about the new role, Sacks mentioned AI, quantum computing, and nuclear power — but NOT crypto
• No replacement for the crypto czar position has been announced
The silence on crypto is telling. With the market structure bill still in limbo and BTC struggling below $69K (-3.2% in 24h), the timing raises questions about who drives crypto policy at the White House going forward.
Major regulatory momentum could stall without a clear point person. Or maybe that's the point — let the bills speak for themselves.
What's your read on this? Bullish or bearish for regulation? 👇
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