David Sacks steps down as White House Cryptocurrency Affairs Director

Golden Finance reports that on March 27, David Sacks will step down from his position as the White House Director of Artificial Intelligence and Cryptocurrency Affairs, ending a brief but impactful tenure on U.S. digital asset policy. However, several major legislative efforts remain unfinished.
In an interview with Bloomberg on Thursday, he stated that his term officially ended due to reaching the 130-day limit for special government employees. However, he will continue to be involved in government affairs as co-chair of the President’s Council of Advisors on Science and Technology, providing advice on broader technology issues.
During his time at the White House, Sacks played a key role in shaping the Trump administration’s cryptocurrency policies, including promoting legislation related to market structure and stablecoins, as well as supporting the creation of a strategic Bitcoin reserve for the U.S.
He also advocated for clearer regulations for digital assets and, like many in the Trump camp, criticized the Biden administration’s previous regulatory approach for over-relying on enforcement measures.