David Sacks outlines Trump’s plan to ‘celebrate’ crypto rather than ‘prosecute’

Published March 16, 2025 10:18am ET



Crypto czar David Sacks claimed President Donald Trump’s first summit on cryptocurrency was proof of a complete revolution from the Biden administration.

Sacks is the first in any administration to take on the title of crypto czar on behalf of the White House. The venture capitalist announced back in 2013 that he purchased his first Bitcoin. Now, he will be in charge of crafting a legal framework for cryptocurrency in the United States.

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