David Sacks steps down as White House AI and cryptocurrency affairs chief, core legislative agenda still unfinished.

PANews reported on March 27 that, according to Decrypt, David Sacks, the White House's head of artificial intelligence and cryptocurrency affairs, stepped down after reaching the 130-day term limit for special government employees. His core crypto agenda, including market structure and stablecoin legislation, remains unresolved. During his tenure, Sacks spearheaded the Trump administration's crypto policy, including pushing for related legislation and supporting a US strategic Bitcoin reserve, but some major reforms expected by the industry remain unresolved.

Sacks will continue to participate in government affairs as co-chair of the President's Council of Advisors on Science and Technology, focusing on artificial intelligence and broader technology policy. He previously stated that market structure and stablecoin legislation could be passed within the first 100 days of the administration's inauguration, but the CLARITY Act has encountered obstacles in Congress. Furthermore, plans to establish a "crypto committee" of industry leaders have stalled due to internal disagreements, and issues such as the source of funding for the strategic Bitcoin reserve remain unclear.

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Author: PA一线

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