Trump: David Sacks will work to establish a crypto legal framework to ensure that the crypto industry thrives in the United States

In his letter of appointment to David Sacks, Trump said that Sacks will work to establish a legal framework that allows the cryptocurrency industry to have the clarity it has been demanding and to thrive in the United States.
The analysis points out that David Sacks is expected to help spearhead the deregulation of the cryptocurrency industry that Trump promised during his campaign. The position is expected to provide cryptocurrency advocates with a direct route to the White House and serve as a liaison between Trump, Congress, and federal agencies related to digital assets, including the Securities and Exchange Commission and the Commodity Futures Trading Commission.
On artificial intelligence, David Sacks will help Trump brand himself on an emerging technology whose use has exploded in recent years.
David Sacks will be at the forefront of determining how the federal government adopts artificial intelligence and regulates its use, as advances in artificial intelligence technology and consumer adoption bring both broad benefits and risks involving national security, privacy, jobs, and other areas.