The primary mandate of the new position will be to help craft policies and regulations for AI and crypto. Trump noted that part of the new position’s.
In brief: President-elect Donald Trump has announced a new position – “White House AI and crypto czar” – and tapped longtime ally David Sacks to fill the role. Sacks will guide policy for the administration on artificial intelligence and cryptocurrency, which Trump described as “two areas critical to the future of American competitiveness.”
The primary mandate of the new position will be to help craft policies and regulations for AI and crypto. Trump noted that part of the new position’s responsibilities will be protecting free online speech and preventing Big Tech bias and censorship.
One of President Trump’s campaign promises was to reduce red tape for the crypto industry. Sacks will play a key role in developing the legal framework to provide the clarity the crypto industry has been asking for, allowing it to thrive in the US.
