{"id":7877,"date":"2026-03-27T04:11:07","date_gmt":"2026-03-27T04:11:07","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=7877"},"modified":"2026-03-27T04:11:07","modified_gmt":"2026-03-27T04:11:07","slug":"us-crypto-czar-steps-down-transitions-to-broader-advisory-role","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=7877","title":{"rendered":"US Crypto Czar Steps Down, Transitions to Broader Advisory Role"},"content":{"rendered":"<p><\/p>\n<div>\n<div id=\"blockquote-block_6f331402ef6f643c78f7905f20ed7ca5\" class=\"blockquote-container\" style=\"border-color: #5100fc\">\n<div class=\"blockquote-text\">\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">David Sacks has stepped down from his White House crypto advisory role after hitting the 130-day limit, ending a short tenure that left key digital assets legislation unfinished.\u00a0<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><span style=\"font-weight: 400;\">He will continue advising the administration as co-chair of the new President\u2019s Council of Advisors on Science and Technology, focusing on a broader range of tech issues.<\/span><\/li>\n<\/ul>\n<\/div>\n<\/div>\n<p>David Sacks revealed he\u2019s finished his stint as US President Donald Trump\u2019s top crypto and AI advisor, in light of a recent announcement that the former \u2018crypto czar\u2019 will co-chair a new council tasked with shaping US innovation policy.<\/p>\n<p>Sacks told Bloomberg on March 27 that he\u2019d reached the allowed limit for being retained by the White House as a \u2018special government employee\u2019 (SGE).<\/p>\n<p>\u201cIn the first year of the Trump administration I had a role as an SGE. I had 130 days, we\u2019ve now used up that time,\u201d Sacks said.<\/p>\n<p>Sacks is a prominent entrepreneur and venture capitalist, part of the so-called \u2018PayPal Mafia\u2019. He\u2019s been a driving force behind the crypto market structure bill (a.k.a. CLARITY Act), which has yet to be passed into law and is still being hotly debated.\u00a0<\/p>\n<p>In January, Cardano founder Charles Hoskinson called for David Sacks to resign if the CLARITY Act hadn\u2019t passed within the first quarter of 2026, due to \u201cutterly failing\u201d the crypto industry.<\/p>\n<p><strong>Related: US Senate Eyes April Vote on Landmark Crypto Market Structure Bill<\/strong><\/p>\n<p>Sacks was appointed on March 26 as Co-Chair of the new President\u2019s Council of Advisors on Science and Technology (PCAST), and said the new role would be how he would be involved in the administration going forward.<\/p>\n<div id=\"blockquote-block_dd7245741906033d496ee0050329c12c\" class=\"blockquote-container variant-personal\">\n<div class=\"blockquote-text\">\n<p><em>I can now make recommendations on not just AI but an expanded range of technology topics.<\/em><\/p>\n<\/div>\n<div class=\"blockquote-attribution\">\n        <img decoding=\"async\" class=\"author-image lazyload\" src=\"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg\"\/><img decoding=\"async\" src=\"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg\" class=\"author-image\" data-eio=\"l\"\/>        David Sacks, Co-Chair PCAST    <\/div>\n<\/div>\n<p>Thirteen tech leaders were tapped on the shoulder to join PCAST, including Meta CEO Mark Zuckerberg, Nvidia CEO Jensen Huang \u2014 and from the crypto sector, Coinbase co-founder Fred Ehrsam.\u00a0<\/p>\n<p>The panel is designed to gather evidence and make policy recommendations on science, technology, and innovation policy. Sacks said topics of interest to the group would include artificial intelligence (AI), advanced semiconductors, quantum computing and nuclear power.<\/p>\n<p><strong>Related: Trump Taps Zuckerberg, Huang, and Coinbase Co-Founder for Revamped Science Council<\/strong><\/p>\n<h2 class=\"wp-block-heading\" id=\"h-sacks-pushes-national-ai-controls\">Sacks Pushes National AI Controls<\/h2>\n<p>Sacks told <em>Bloomberg<\/em> that PCAST would push forward the President\u2019s recently released National AI Legislative Framework. Non-partisan US think tank Brookings said the AI Framework \u201csignals a troubling shift away from safe, accountable AI toward rapid, private-sector-driven deployment.\u201d<\/p>\n<p>Sacks argues it\u2019s essential to \u201ccreate one rulebook for AI in the US.\u201d<\/p>\n<div id=\"blockquote-block_1512b171231ba7b88bc48c10eccc3a16\" class=\"blockquote-container variant-personal\">\n<div class=\"blockquote-text\">\n<p><em>The problem that we\u2019re seeing right now is that you\u2019ve got 50 different states regulating this in 50 different ways, and it\u2019s creating a patchwork of regulation that\u2019s difficult for innovators to comply with.<\/em><\/p>\n<\/div>\n<div class=\"blockquote-attribution\">\n        <img decoding=\"async\" class=\"author-image lazyload\" src=\"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg\"\/><img decoding=\"async\" src=\"https:\/\/cdn.cryptonews.com.au\/2025\/01\/20131427\/David-Sacksa.jpg\" class=\"author-image\" data-eio=\"l\"\/>        David Sacks, Co-Chair PCAST    <\/div>\n<\/div>\n<p>\u201cI think there\u2019s actually a very good chance that you\u2019ll see Congress now act on this framework and will get some meaningful legislation again,\u201d Sacks said.<\/p>\n<p>It\u2019s a familiar line from Sacks \u2014 he\u2019s thought to have largely written a Presidential executive order signed in November 2025 to block US states from regulating AI \u2014 something that Sacks\u2019 Silicon Valley peers, including OpenAI execs, had been loudly clamouring for.\u00a0<\/p>\n<p>At the time, Sacks said a single federal standard was essential to avoid a state-based \u201cconfusing patchwork of regulation.\u201d Whereas Democrats called it a move designed to curry favour with Big Tech CEOs.<\/p>\n<\/p><\/div>\n<p>AI#Crypto #Czar #Steps #Transitions #Broader #Advisory #Role1774584667<\/p>\n","protected":false},"excerpt":{"rendered":"<p>David Sacks has stepped down from his White House crypto advisory role after hitting the 130-day limit, ending a short tenure that left key digital assets legislation unfinished.\u00a0 He will continue advising the administration as co-chair of the new President\u2019s Council of Advisors on Science and Technology, focusing on a broader range of tech issues.<\/p>\n","protected":false},"author":1,"featured_media":7878,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[2456,2262,62,3627,2283,216,3628],"class_list":{"0":"post-7877","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-bitcoin","8":"tag-advisory","9":"tag-broader","10":"tag-crypto","11":"tag-czar","12":"tag-role","13":"tag-steps","14":"tag-transitions"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - 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