No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, July 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Cryptocurrency

David Sacks Wraps Up Crypto and AI Czar, Takes on New Role

by TheAdviserMagazine
4 months ago
in Cryptocurrency
Reading Time: 3 mins read
A A
David Sacks Wraps Up Crypto and AI Czar, Takes on New Role
Share on FacebookShare on TwitterShare on LInkedIn


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.

Sacks speaking with Bloomberg on Thursday. Source: Bloomberg

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 may be more AI-focused than crypto

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:

“The problem that we’re seeing right now is that you’ve got 50 different states regulating this in 50 different ways, and it’s creating a patchwork of regulation that’s difficult for innovators to comply with.”

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

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

Cointelegraph is committed to independent, transparent journalism. This news article is produced in accordance with Cointelegraph’s Editorial Policy and aims to provide accurate and timely information. Readers are encouraged to verify information independently. Read our Editorial Policy https://cointelegraph.com/editorial-policy



Source link

Tags: CryptoczarDavidrolesackstakesWraps
ShareTweetShare
Previous Post

China industrial profits surge 15% to start year, but oil price shock threatens outlook

Next Post

Making Online Instruction More Interactive: Tips for Teaching Quantitative Methods and Beyond – Faculty Focus

Related Posts

edit post
UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

by TheAdviserMagazine
July 21, 2026
0

Key TakeawaysThe APPG opened a 6-week inquiry after banks reportedly blocked or delayed 40% of crypto transfers.HSBC and four rivals...

edit post
Kazakhstan Signs Network School Deal as Malaysia Revokes License

Kazakhstan Signs Network School Deal as Malaysia Revokes License

by TheAdviserMagazine
July 21, 2026
0

Balaji Srinivasan’s Network School, a community of “digital nomads,” is eyeing a new campus in Kazakhstan after its Forest City...

edit post
SUI Hits 4.5B Transactions As Wallet Activity Climbs

SUI Hits 4.5B Transactions As Wallet Activity Climbs

by TheAdviserMagazine
July 21, 2026
0

Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure SUI Hits 4.5B Transactions As Wallet Activity...

edit post
CRCL, BMNR and MSTR Stock Price Prediction Ahead of FOMC Meeting

CRCL, BMNR and MSTR Stock Price Prediction Ahead of FOMC Meeting

by TheAdviserMagazine
July 21, 2026
0

CRCL, BMNR, and MSTR stock prices have seen a surge over the past 24 hours following the crypto market surge...

edit post
Jack Mallers leaves Twenty One as Strike tie-up ends and Bitcoin treasury pressure builds

Jack Mallers leaves Twenty One as Strike tie-up ends and Bitcoin treasury pressure builds

by TheAdviserMagazine
July 21, 2026
0

Jack Mallers is stepping down as chief executive of Twenty One Capital to focus on Strike, while Twenty One and...

edit post
Hut 8 Secures .8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute

Hut 8 Secures $9.8 Billion Texas AI Lease as Bitcoin Miners Pivot to Compute

by TheAdviserMagazine
July 21, 2026
0

Key TakeawaysHut 8 signed a $9.8B, 15-year lease for 352MW at Beacon Point, doubling the tenant to 704MW.Hut 8’s 949MW...

Next Post
edit post
Making Online Instruction More Interactive: Tips for Teaching Quantitative Methods and Beyond – Faculty Focus

Making Online Instruction More Interactive: Tips for Teaching Quantitative Methods and Beyond - Faculty Focus

edit post
Why The Dollar Is Really The Reserve Currency

Why The Dollar Is Really The Reserve Currency

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
How to work with a credit card debt collector

How to work with a credit card debt collector

0
edit post
Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

0
edit post
Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

0
edit post
UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

0
edit post
Goldman Sachs creates private markets platform to court rich investors

Goldman Sachs creates private markets platform to court rich investors

0
edit post
Ted Cruz Calls Trump Accounts a Path to Social Security Privatization—Economist Disagrees

Ted Cruz Calls Trump Accounts a Path to Social Security Privatization—Economist Disagrees

0
edit post
Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

July 22, 2026
edit post
UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

July 21, 2026
edit post
Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

July 21, 2026
edit post
Trump plans high generic-drug tariffs in 2028 to spur U.S. production

Trump plans high generic-drug tariffs in 2028 to spur U.S. production

July 21, 2026
edit post
East West projects 2026 loan growth of 6% to 8% as it raises NII growth outlook to 7% to 9% (NASDAQ:EWBC)

East West projects 2026 loan growth of 6% to 8% as it raises NII growth outlook to 7% to 9% (NASDAQ:EWBC)

July 21, 2026
edit post
Kazakhstan Signs Network School Deal as Malaysia Revokes License

Kazakhstan Signs Network School Deal as Malaysia Revokes License

July 21, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Von Der Leyen And Draghi Plot More Centralization To “Save” Europe
  • UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens
  • Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.