David Sacks Exits Crypto Czar Role: What’s Next for Bitcoin and Stablecoin Policy?

Key Points

• David Sacks has completed his 130-day appointment as Trump’s cryptocurrency and artificial intelligence czar
• He now serves as co-chair of the President’s Council of Advisors on Science and Technology (PCAST)
• The 13-member PCAST roster features Jensen Huang, Mark Zuckerberg, Marc Andreessen, and additional technology executives
• Coinbase co-founder Fred Ehrsam represents the sole crypto-focused voice on the council
• Establishing a standardized AI regulatory framework across all US states emerges as a primary objective

David Sacks completed his tenure as White House cryptocurrency and artificial intelligence czar after 130 working days. Federal regulations governing special government employees mandate this limitation, restricting service to 130 days during any 12-month timeframe.

During a Bloomberg interview on Thursday, March 27, Sacks acknowledged the conclusion of his czar position. He emphasized that his new appointment would continue to provide influence over technology and cryptocurrency policy matters.

His current position places him as co-chair of the President’s Council of Advisors on Science and Technology, abbreviated as PCAST. This advisory body comprises 13 distinguished members representing artificial intelligence, cryptocurrency, healthcare, and quantum computing sectors.

PCAST Membership Roster

The council features prominent figures joining Sacks, including Nvidia chief executive Jensen Huang, Meta’s founder Mark Zuckerberg, AMD leader Lisa Su, Oracle’s Larry Ellison, Dell Technologies founder Michael Dell, and Marc Andreessen from Andreessen Horowitz.

Google co-founder Sergey Brin also holds membership on this influential council. Michael Kratsios, a veteran of both Trump administrations, assumes the co-chair position together with Sacks.

Fred Ehrsam, recognized for co-founding Coinbase in 2012 and subsequently establishing cryptocurrency venture capital firm Paradigm, stands as the council’s sole member with deep cryptocurrency industry roots.

Throughout his czar appointment, Sacks contributed to publishing a comprehensive 166-page cryptocurrency regulation document in July. His involvement proved instrumental in advancing the GENIUS Act, legislation centered on stablecoin oversight.

Artificial Intelligence Regulation Becomes Primary Focus

On March 20, Sacks participated in the Trump administration’s unveiling of an artificial intelligence framework designed to encourage innovation while safeguarding children and intellectual property rights.

During his Bloomberg discussion, Sacks made no reference to cryptocurrency matters. His remarks concentrated exclusively on artificial intelligence, quantum computing capabilities, and nuclear energy development.

A senior White House official informed Fox Business that Sacks maintains an informal designation as the administration’s cryptocurrency and AI czar. They indicated his new position expands his advisory capacity across a wider spectrum of technology matters.

The council’s mandate includes examining critical issues and delivering formal recommendations to regulatory bodies. Sacks stated the group intends to advance implementation of the AI framework introduced the previous week.

The GENIUS Act, which benefited from Sacks’ advocacy, concentrated on stablecoin regulatory frameworks. He maintains his support for the CLARITY Act, more comprehensive legislation addressing cryptocurrency market structure.

The 130-day restriction applicable to special government employees does not extend to his new PCAST co-chair appointment.

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