The appointment of David Sacks as the U.S. 'crypto czar' has drawn attention from industry leaders who expect him to strengthen U.S. leadership in digital assets and financial innovation.
Support from Michael Saylor
Michael Saylor, co-founder and executive chairman of MicroStrategy, expressed support for David Sacks, highlighting his potential to strengthen U.S. leadership in digital assets and financial innovation, owing to his extensive experience in these areas.
Endorsement from Senator Cynthia Lummis
Pro-Bitcoin U.S. Senator Cynthia Lummis also conveyed optimism about Sacks's appointment. She described 2025 as pivotal for Bitcoin and digital assets, emphasizing the need for comprehensive legislation and the potential establishment of a Bitcoin reserve.
Industry Leaders' Support
Ripple CEO Brad Garlinghouse joined in expressing support for Sacks, noting his deep understanding of tech and cryptocurrency sectors. Garlinghouse is confident in Sacks's ability to advance White House initiatives focused on cryptocurrencies and AI.
David Sacks's appointment is met with broad optimism within the industry. His leadership is expected to advance cryptocurrency regulation and reinforce U.S. technological initiatives.
