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David Sacks Steps Down as White House “Crypto Czar” After 130 Days, But Continues to Shape Trump Administration’s Pro-Crypto Policy

Washington, March 29, 2026 – David Sacks, the venture capitalist and longtime Trump ally, has officially ended his tenure as the White House’s special advisor on artificial intelligence (AI) and cryptocurrencies. In line with U.S. federal regulations limiting “Special Government Employees” (SGEs) to 130 days of service within a 12-month period, Sacks confirmed that his time in the high-profile “crypto czar” role has concluded. Rather than fully exiting, he is transitioning to a broader advisory position that will allow him to keep influencing the Trump administration’s technology and crypto-friendly policies.

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Dave Barnet

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David Sacks Steps Down as White House “Crypto Czar” After 130 Days, But Continues to Shape Trump Administration’s Pro-Crypto Policy

A Unique and Temporary Role Appointed by President Donald Trump in December 2024, David Sacks became the first-ever “AI and Crypto Czar” at the White House. This informal hybrid position was created to coordinate the administration’s priorities on AI and digital assets. As a Special Government Employee, Sacks was permitted to maintain his private-sector activities while advising the president directly, but he was strictly capped at 130 working days. In a Bloomberg interview on March 26, 2026, Sacks stated: “I had a role as an SGE that was 130 days… we’ve now used up that time.” According to sources close to the administration, no immediate replacement will be named for this specific role. Transition to PCAST: Expanding Influence Far from stepping away from power, David Sacks is now co-chairing the President’s Council of Advisors on Science and Technology (PCAST) alongside Michael Kratsios, Director of the Office of Science and Technology Policy. This federal advisory committee brings together industry and academic experts to provide recommendations on a wide range of science and technology issues. “As co-chair of PCAST, I can now make recommendations on not just AI, but an expanded range of technology topics,” Sacks explained. This new position offers a more institutional and potentially longer-lasting platform to shape White House decisions. A Mixed Record on Crypto Policy During his roughly 130-day tenure, David Sacks helped steer the Trump administration toward a significantly more crypto-friendly stance. Notable developments included:

Support for stablecoin legislation, particularly the GENIUS Act; Efforts to advance a crypto market structure bill; An overall pro-innovation rhetoric that sharply contrasted with the more restrictive approach of the Biden era.

However, several major bills remain stalled in Congress, and some voices in the crypto community have expressed disappointment over the lack of swift, concrete legislative outcomes. Critics have also highlighted the temporary nature of the role and the absence of deeper regulatory reforms. A Bridge Between Silicon Valley and Washington A co-founder of PayPal, influential podcaster, and respected investor, David Sacks embodies the growing alignment between West Coast tech leaders and the Republican administration. He played a key role in organizing major fundraising events for Trump in 2024 and was among the prominent Silicon Valley figures who backed his return to the White House. His move to PCAST reflects a broader trend: the increasing influence of technology executives on U.S. public policy, especially in AI and cryptocurrencies. What This Means for the Crypto Industry Even without the official “crypto czar” title, David Sacks retains privileged access to President Trump’s inner circle. His role at PCAST will enable him to continue advocating for pro-innovation regulations and greater U.S. adoption of Bitcoin and digital assets. For the industry, the challenge remains turning current political momentum into stable legislative frameworks. Initiatives such as the CLARITY Act and market structure reforms will be central to upcoming debates. David Sacks remains a pivotal player in this shift. His formal departure from the czar position is not an exit from the stage, but rather a change of role in a drama where technology and politics are becoming ever more intertwined.

#trump#Genius act#crypto czar
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