David Sacks to Step Down as White House Crypto Lead, Multiple Legislative Items Still Pending
Svmuu News David Sacks will step down from his role as the White House lead for artificial intelligence and cryptocurrency affairs on March 27, having reached the 130-day limit for his special government employee appointment. During his tenure, he participated in advancing legislation related to digital asset market structure and stablecoins, and supported the establishment of a strategic U.S. Bitcoin reserve. He stated that he will continue to be involved in related matters in the future as the co-chair of the President's Council of Advisors on Science and Technology. (Decrypt)
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