Stablecoins can secure U.S. dollar dominance: Trump’s crypto czar

David Sacks, Trump’s crypto czar, said stablecoins could potentially strengthen U.S. dollar dominance just hours after Senator Hagerty proposed the GENIUS Act. White House AI and crypto czar David Sacks hosted a press conference alongside other GOP officials to outline President Donald Trump’s vision for America’s digital asset landscape. Sacks stated that stablecoins, fiat-pegged dollars […]

Crypto czar David Sacks to outline U.S. digital policy agenda

President Donald Trump’s White House AI and Crypto Czar will hold a press conference with key Republican policymakers to share Washington’s digital asset regulatory plans. Scheduled for Tuesday, Feb. 4, crypto czar David Sacks will spearhead a media day focused on how Congress and President Trump’s cabinet will “secure America as a leader in the […]

DYDX rallies 35% amid reports of backing by Trump’s new crypto czar

DYDX, the native token of the decentralized trading platform dYdX, recorded an impressive rally on Nov. 6 following reports of it being backed by Trump’s newly appointed White House cryptocurrency advisor. The altcoin surged 35% over the past day, hitting a seven-month high of $2.45 on Nov. 6, bringing its market cap to over $1.67 […]

Trump pick David Sacks as White House’s AI and crypto czar

Trump aims to build more crypto-friendly regulations under his administration by creating a new crypto position in the White House; he picked David Sacks. U.S. President-elect Donald Trump announced that venture capitalist Craft Ventures David Sacks will be the White House’s AI and crypto czar. This position has been newly added to government bodies after […]