**President Trump’s Crypto and AI Czar David Sacks Advocates for U.S. Leadership in Digital Innovation**
David Sacks, appointed by President Trump as the White House AI and Crypto Czar, is making a bold case for America to reclaim its leadership role in digital innovation. Calling cryptocurrency “the industry of the future,” Sacks emphasizes the urgent need for clear regulatory standards to keep crypto innovation onshore.
Speaking alongside a16z co-founders Marc Andreessen and Ben Horowitz, as well as entrepreneur Erik Torenberg, Sacks criticized the Biden administration’s “regulation by enforcement” approach. He argued that, under SEC Chair Gary Gensler, crypto entrepreneurs have been prosecuted instead of being provided with clear rules to follow.
> “All the entrepreneurs I’ve talked to over the years say the same thing: just tell us what the rules are,” Sacks said.
> “During the Biden years, you had an SEC chairman who took an approach, which I guess has been called regulation through enforcement, which basically means you just get prosecuted.”
### Making the United States the Crypto Capital of the Planet
Sacks highlighted President Trump’s campaign pledge to make the U.S. “the crypto capital of the planet” and to remove Gary Gensler from his position, noting that this message resonated strongly with voters.
> “He’s talked about how surprised he was at the big ovation he got at that,” Sacks observed, underscoring the growing political significance of crypto policy.
Looking ahead, Sacks said that under the Trump administration, the goal will be to establish regulatory clarity that both protects consumers and fosters innovation and competitiveness in the sector.
> “Providing certainty means entrepreneurs can build here in America,” he added.
Last night on *60 Minutes*, President Trump reinforced his support for crypto in the United States, stating,
> “I only care about one thing: will we be number one in crypto.”
### Crypto, AI, and America’s Technological Future
The discussion also touched on competition with China in artificial intelligence, the need for a comprehensive federal crypto framework, and the critical role of abundant energy resources in powering future technologies.
Sacks positioned both cryptocurrency and AI as twin pillars of America’s technological leadership—sectors that he believes will define the next decade of global economic growth.
### Sacks’ Role and Key Initiatives
Since his appointment in December, Sacks has served part-time to shape policy across AI and cryptocurrency sectors. His approach advocates for pro-innovation and deregulatory policies that provide a clear legal framework for the cryptocurrency industry.
Among his notable achievements, Sacks was instrumental in crafting the U.S. Strategic Bitcoin Reserve. This new federal Bitcoin reserve is to be funded using BTC already owned by the U.S. government through asset forfeitures, meaning it will incur no taxpayer cost.
> Sacks described the reserve as a “digital Fort Knox,” explaining that the government will hold—not sell—these assets. This policy aims to prevent past mistakes, where premature Bitcoin sales resulted in taxpayers losing over $17 billion in unrealized gains.
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With renewed leadership and clear regulatory guidelines, David Sacks and the Trump administration aim to position the United States at the forefront of the crypto and AI revolutions, securing America’s status as a global technological powerhouse.
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