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International Business Times UK
International Business Times UK
Niloy Chakrabarti

Crypto Czar David Sacks Celebrates Trump's Crypto Order, Says Trump Coin Is a Collectable

Donald Trump David Sacks Crypto SEC Joe Biden Executive Order Ripple the Biden Administration
The $Trump meme coin soared by 1000% within days of launch before witnessing a sharp decline. (Credit: YouTube.com)

White House AI and crypto czar David Sacks highlighted in a FoxBusiness interview after President Trump's crypto executive order on Thursday that the billionaire's sweeping actions show commitment to his campaign pledge of making America "the crypto capital" of the world.

The Executive Order will form a Presidential Working Group on Digital Asset Markets chaired by Sacks. Prominent figures, including the US Treasury Secretary and the Securities and Exchange Commission (SEC) Chairman, will work with Sacks to devise a federal regulatory framework governing digital assets and stablecoins.

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