News with the tag "david sacks"

In a significant development for the cryptocurrency industry, David Sacks, a key figure advising the Trump campaign on crypto and AI policy, has voiced strong support for the U.S. Federal Reserve’s recent decision to ease certain guidelines related to banks’ engagement with crypto assets and stablec...

The Trump Administration’s Crypto Czar says the US could gobble up more Bitcoin ( BTC ) to add to its upcoming strategic reserve. In a new interview on the All-In Podcast, renowned venture capitalist and Crypto Czar David Sacks says that the government would be allowed to purchase more of the top cr...

White House artificial intelligence and crypto czar David Sacks says a newly signed executive order could pave the way for the US to actively buy Bitcoin. The “budget neutral” purchases would be above and beyond the seized trove of BTC that Trump has ordered the US to hold onto as a strategic reserv...

After a spree of enforcement actions against criminal activity, the US stacked an impressive amount of Bitcoin over ten years. Crypto Czar David Sacks argues that selling the confiscated Bitcoins for a pittance has cost US taxpayers a fortune ahead of the planned Crypto Strategic Reserve. America Co...

The White House’s “Crypto Czar” David Sacks says he sold all of his crypto, including Bitcoin ( BTC ), Ethereum ( ETH ) and Solana ( SOL ), before the start of Donald Trump’s presidency. Sacks says he also owned a $74,000 position in a Bitwise exchange-traded fund, which he sold on January 22nd, two...

In a surprising turn of events in the crypto and political sphere, tech entrepreneur and prominent figure in both AI and crypto policy, David Sacks, has publicly disclosed his prior divestment from crypto investment firm Multicoin Capital. This revelation came through a post on X (formerly Twitter),...

David Sacks, the White House Crypto & AI Czar, has denounced having an additional conflict of interest with Multicoin in his bid to maintain transparency with the industry. The Crypto Czar revealed this in response to an X user, Krystall Ball, who questioned Sacks’ exposure to Multicoin. The disclos...

The White House has publicly announced its support for a Congressional Review Act (CRA) resolution aimed at overturning the Internal Revenue Service’s (IRS) broker rule for decentralized finance (DeFi). The rule, finalized in 2024, expands the definition of a broker to include DeFi developers, requi...

The price of Solana has dived by 14% in the past 24 hours, falling to $136 as the broader crypto market slides 9.5% today. This steep plunge comes after US President Donald Trump confirmed yesterday that planned tariffs against Canada, Mexico and China were going ahead, and after China and Canada re...

As the inaugural crypto summit looms, speculation swirls around a potential policy overhaul. At the center of this excitement is the realization of Eric Trump’s zero crypto tax policy, which has sparked a heated debate. The key point of contention is whether Donald Trump will abolish the crypto capi...