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Tag: Crypto

Trump appoints David Sacks as White House a.i. & crypto czar
National, The Post Millennial

Trump appoints David Sacks as White House a.i. & crypto czar

By The Post Millennial President-elect has created a new role in the White House for tech entrepreneur David Sacks, who will become the White house A.I & Crypto Czar. "I am pleased to announce that David O. Sacks will be the 'White House A.I. & Crypto Czar,'" Trump said in his announcement of the appointment. "In this important role, David will guide policy for the Administration in Artificial Intelligence and Cryptocurrency," Trump said, "two areas critical to the future of American competitiveness. David will focus on making America the clear global leader in both areas. He will safeguard Free Speech online, and steer us away from Big Tech bias and censorship. He will work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in...
Biden, Trump don’t even agree on crypto, with Trump saying he’s in support, Biden opposed
National, The Street

Biden, Trump don’t even agree on crypto, with Trump saying he’s in support, Biden opposed

By The Street Republican presidential candidate Donald Trump has recently signaled an about face on the digital assets industry, promising to support crypto in the U.S. during a recent campaign event and offering a stark contrast to apparent hostility from the Biden administration. “If you’re in favor of crypto you’re gonna vote for Trump because they want to end it,” Trump said recently.  Long-time advocates and investors in the space have decried harsh legislation from the Biden administration and Gary Gensler’s U.S. Securities and Exchange Commission (SEC). For instance, the White House recently vowed to veto legislation that could allow regulated financial firms to custody digital assets. Now, crypto-focused voters have reason to believe that Trump would offer a friend...