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Trump's Crypto and AI Czar David Sacks Signals New Era of Crypto Innovation at Inaugural Crypto Ball

Jan 18, 2025, 01:47 PM

David Sacks, appointed as the incoming Crypto and AI Czar in the Trump administration, has declared that 'the reign of terror against crypto is over,' signaling a new era of innovation in the cryptocurrency sector in America. This statement was made at the inaugural Crypto Ball in Washington, D.C., an event celebrating the 60th presidential inauguration and marking the government's official engagement with the crypto industry. Sacks's comments suggest a supportive stance from the Trump administration towards cryptocurrencies, with President Trump being referred to as the first crypto President.