• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M

David Sacks: From Silicon Valley Veteran to White House Crypto Czar

user avatar

by Giorgi Kostiuk

a year ago

Donald Trump has appointed David Sacks to lead the administration's efforts in AI and cryptocurrency sectors.

David Sacks: Silicon Valley Veteran

David Sacks, known for his role as COO at PayPal and founder of Yammer, has been appointed to a key position in Trump's administration. He has invested in companies like SpaceX and cryptocurrency projects through Craft Ventures.

Trump’s Vision for Legal Crypto Framework

Trump emphasized that Sacks’ mission is to establish a legal framework for the U.S. cryptocurrency sector. "He will work on a legal framework so the crypto industry has the clarity it has been asking for," Trump stated.

He will work on a legal framework so the crypto industry has the clarity it has been asking for.Trump

Sacks' Role and Potential Conflicts of Interest

Despite his important role, Sacks is not required to disclose his financial holdings. However, he will adhere to conflict-of-interest rules and, like Elon Musk, can serve up to 130 days a year.

Sacks' appointment reflects the Trump administration's intent to foster a favorable environment for AI and cryptocurrency advancements in the U.S.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

US Dollar Index Plummets to Lowest Level Since March 2022

chest

The US dollar index has fallen to 9617, marking its weakest level since March 2022, as the currency faces a sell-off for the fourth consecutive day.

user avatarGustavo Mendoza

UnitedHealth's 19% Drop Causes Dow Jones to Fall Over 300 Points

chest

UnitedHealth's stock has dropped by 19%, causing a significant decline in the Dow Jones, which fell by over 300 points.

user avatarRajesh Kumar

Institutional Investors Await Lower LINK Prices for Re-Engagement

chest

Institutional investors may be waiting for lower LINK price levels before increasing their positions.

user avatarElias Mukuru

LINK ETFs Accumulate Significant Supply Amidst Steady Institutional Inflows

chest

Spot LINK ETFs have absorbed over 1% of Chainlink's total circulating supply, indicating strong institutional interest despite muted market response.

user avatarKenji Takahashi

Google Integrates Personal Intelligence into AI Mode for Tailored Search Responses

chest

Google integrates Personal Intelligence into AI Mode for tailored search responses.

user avatarDiego Alvarez

Google Enhances Search Experience with AI Overviews and AI Mode Integration

chest

Google has launched a groundbreaking update that allows users to transition seamlessly from AI Overviews to AI Mode conversations, fundamentally changing how users interact with search results.

user avatarDavid Robinson

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.