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International Business Times

Business

Marvie Basilan

David Sacks: What To Know About Trump's Chosen AI, Crypto Czar

David Sacks Donald Trump Crypto Bitcoin David Bailey White House Elon Musk United States PayPal Adam Cochran

David Sacks talks about what cost the Democrats the 2024 U.S. elections in this episode of the All-In podcast. (Credit: All-In Podcast YouTube / Screenshot)

KEY POINTS

Trump said he expects Sacks to 'guide policy' for crypto and AI
He also expects the PayPal Mafia member to steer the country away from 'big tech bias and censorship'
Several key figures in crypto congratulated Sacks, but some weren't too happy about the news
Crypto markets didn't seem affected by the appointment, unlike how

Donald Trump has finally confirmed earlier reports that his transition team was considering a "White House AI & Crypto Czar." The incoming U.S. President also announced that he has chosen David Sacks for the role.

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