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Crypto Czar No More, David Sacks Leaves Special Role – News Bytes Bitcoin News

Crypto Czar No More, David Sacks Leaves Special Role – News Bytes Bitcoin News

On March 26, 2026, David Sacks announced the conclusion of his 130-day term as the specialized crypto and artificial intelligence (AI) lead for President Donald Trump. Sacks now joins the President’s Council of Advisers on Science and Technology (PCAST), a federal committee of industry and academic experts providing policy recommendations to the White House.

The transition follows Sacks’ recent divestment of over $200 million in digital asset-related holdings to comply with federal ethics standards. As a partner at Craft Ventures, he remains focused on advancing the administration’s new AI framework while advocating for local infrastructure buildouts that maintain stable residential electricity rates.

“I think moving forward as…

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