David Sacks - Bitcoin and cryptocurrency news, stories, & headlines

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David Sacks

A collection of 11 posts

Trump Signs Historic Executive Order Creating Strategic Bitcoin Reserve and Digital Assets Stockpile

Trump Signs Historic Executive Order Creating Strategic Bitcoin Reserve and Digital Assets Stockpile

BREAKING: In a historic development for the cryptocurrency space, President Donald Trump has signed an Executive Order establishing a Strategic Bitcoin Reserve, marking a pivotal step toward reinforcing the United States’ position in digital assets. Announced just now by David Sacks, the White House AI and Crypto Czar, the initiative

U.S. Government’s Bitcoin Sales Cost Taxpayers Over $17 Billion, Says Crypto Czar David Sacks

U.S. Government’s Bitcoin Sales Cost Taxpayers Over $17 Billion, Says Crypto Czar David Sacks

David Sacks, the White House’s AI and Crypto Czar, shed light on a significant financial misstep by the U.S. federal government. Sacks disclosed that over the past decade, the government sold approximately 195,000 Bitcoin, fetching proceeds of $366 million. Had the government retained those digital assets, they

White House Crypto Summit Confirms Key Attendees for March 7 Meeting

White House Crypto Summit Confirms Key Attendees for March 7 Meeting

The White House Crypto Summit, scheduled for March 7, 2025, has finalized its list of confirmed attendees, bringing together prominent figures from government, finance, and the cryptocurrency industry. Chaired by White House A.I. and Crypto Czar David Sacks and led by Bo Hines, the summit aims to address the

White House Backs Repeal of IRS DeFi Broker Rule to Support Crypto Innovation

White House Backs Repeal of IRS DeFi Broker Rule to Support Crypto Innovation

Today David Sacks, appointed as the White House’s AI and crypto czar under President Donald Trump, announced the administration’s support for a Congressional Review Act resolution aimed at overturning a controversial IRS rule affecting decentralized finance platforms. This resolution, introduced by Senator Ted Cruz and Representative Mike Carey,

David Sacks Sells Crypto Holdings Before Joining Trump Admin as Crypto Czar

David Sacks Sells Crypto Holdings Before Joining Trump Admin as Crypto Czar

In a move that underscores a commitment to transparency, David Sacks, recently appointed as Donald Trump’s AI and crypto czar, says that he has sold off all his cryptocurrency holdings. The decision to sell includes digital assets he held such as Bitcoin, Ethereum, and Solana, according to a social

President Trump to Host First White House Crypto Summit on March 7

President Trump to Host First White House Crypto Summit on March 7

On March 7, 2025, the White House will host a landmark event that could redefine America’s relationship with cryptocurrencies, this according to FOX Business. President Donald Trump, who campaigned on a promise to transform the United States into the global hub for digital currencies, is delivering on that vision

Trump's AI and Crypto Czar David Sacks Promises 'Golden Age' for Digital Assets

Trump's AI and Crypto Czar David Sacks Promises 'Golden Age' for Digital Assets

David Sacks, serving as President Donald Trump's AI and crypto czar, took center stage at a Capitol Hill press conference to outline the administration's ambitious plans for the future of digital assets in the United States. He was joined by key figures from congressional committees tasked

AI and Crypto Czar David Sacks Discusses Digital Asset Regulations and US National Stockpile

AI and Crypto Czar David Sacks Discusses Digital Asset Regulations and US National Stockpile

In an appearance on Fox Business News this morning, David Sacks, President Trump's AI and Crypto Czar, provided insights into the newly established Digital Assets Working Group, its objectives, and the prospective development of a US national stockpile for digital assets. This conversation sheds light on the administration&

Bitcoin in 2025 Set for Growth According to Bitgo CEO's CNBC Insights

Bitcoin in 2025 Set for Growth According to Bitgo CEO's CNBC Insights

In a recent appearance on CNBC, Mike Belshi, CEO of Bitgo, provided an insightful outlook on Bitcoin's future, underlining the cryptocurrency's trajectory for 2025. The interview explored the nexus of political shifts, regulatory changes, and the burgeoning corporate interest in digital assets. Belshi's commentary

David Sacks Trump's Crypto Czar Solana Bull and Multicoin Backer

David Sacks Trump's Crypto Czar Solana Bull and Multicoin Backer

Known for his bullish stance on Solana and his deep involvement in the cryptocurrency investment landscape, David Sacks brings a wealth of experience and insight to his new role as White House crypto and AI czar. His background as a former PayPal executive and current co-host of the All-In podcast

Trump Announces David Sacks as New White House Crypto and AI Czar

Trump Announces David Sacks as New White House Crypto and AI Czar

In a striking move that underscores the Trump administration's focus on technological innovation, President-elect Donald Trump has named David O. Sacks as the "White House Crypto and AI Czar." This appointment marks a significant pivot towards embracing the realms of cryptocurrency and artificial intelligence, sectors Trump