David Sachs moves to the PCAST council: the post of the crypto king is vacant

Sachs confirmed his departure from the position of special advisor to the White House on AI and cryptocurrencies. He will lead the Council on Science and Technology along with Michael Kratsios.

In his new role, Sachs will continue to oversee the national strategy for AI and blockchain, but in a broader context of high technology.

The key reform of the cryptocurrency market structure remains on hold, awaiting a new curator.