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Fortune
Fortune
Chase Ergen

The Trump admin will encourage—not hinder—U.S. leadership in blockchain technology and cryptocurrency. We must seize the moment

David Sacks, AI and crypto czar with the Trump admin, speaks during a news conference on Feb. 4, with GOP senator Tim Scott behind him. (Credit: Ting Shen/Bloomberg via Getty Images)

In a nation where roughly 65 million people already own cryptocurrencies, David Sacks, America’s first artificial intelligence and crypto czar, last week delivered a historic press conference on Capitol Hill, outlining the Trump administration’s strategic vision for digital assets.

Flanked by key congressional leaders, including Senate Banking Committee Chair Tim Scott and House Financial Services Committee Chair French Hill, Sacks reaffirmed the administration’s commitment to establishing the U.S. as a leader in cryptocurrency and decentralized finance (DeFi) in the year ahead.

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