The Crypto Czar Is Gone. What Does That Mean for Bitcoin and Stablecoin Rules?

TLDR

• David Sacks has ended his 130-day term as Trump’s crypto and AI czar
• He is now co-chair of the President’s Council of Advisors on Science and Technology (PCAST)
• PCAST includes Jensen Huang, Mark Zuckerberg, Marc Andreessen, and 10 other tech leaders
• Fred Ehrsam is the only crypto-native member on the 13-person council
• Sacks says a key focus will be creating a unified AI rulebook across all 50 states

David Sacks served as White House crypto and AI czar for 130 working days. That limit is set by US rules for special government employees, which cap service at 130 days within a 12-month period.

Sacks confirmed his departure from the czar role in a Bloomberg interview on Thursday, March 27. He said the new role will still allow him to shape tech and crypto policy.

He is now co-chair of the President’s Council of Advisors on Science and Technology, known as PCAST. The council has 13 members drawn from AI, crypto, healthcare, and quantum computing.

Who Is on the Council

Members joining Sacks include Nvidia CEO Jensen Huang, Meta founder Mark Zuckerberg, AMD CEO Lisa Su, Oracle’s Larry Ellison, Dell founder Michael Dell, and Andreessen Horowitz co-founder Marc Andreessen.

Google co-founder Sergey Brin is also on the council. Michael Kratsios, who served in both of Trump’s administrations, will serve as co-chair alongside Sacks.

Fred Ehrsam, who co-founded Coinbase in 2012 and later co-founded crypto VC firm Paradigm, is the only crypto-native member on the council.

During his time as czar, Sacks helped release a 166-page report on crypto regulation in July. He also played a role in the passage of the stablecoin-focused GENIUS Act.

AI Regulation Takes Center Stage

On March 20, Sacks helped the Trump administration release an AI framework aimed at supporting innovation while protecting children and intellectual property.

In his Bloomberg interview, Sacks did not mention crypto at all. His comments focused entirely on AI, quantum computing, and nuclear power.

A senior White House adviser told Fox Business that Sacks will still be considered the administration’s crypto and AI czar in an informal sense. They said the new role lets him advise on a broader range of tech issues.

The council will study issues and issue formal recommendations to regulators. Sacks said the group plans to push forward the AI framework released last week.

The GENIUS Act, which Sacks helped pass, focused on stablecoin regulation. He continues to push for the CLARITY Act, a broader crypto market structure bill.

His 130-day cap as a special government employee does not apply to his new PCAST co-chair position.

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