Donald Trump announced the position of "czar" of AI and cryptocurrency in his administration. As the elected President of the United States reported on the social network Truth Social, this post will be held by businessman David Sacks. He will lead the White House's policy "in the field of artificial intelligence and cryptocurrencies - two areas critically important for the future of American competitiveness," Trump wrote. He added that Sacks will "defend freedom of speech" and fight against censorship from tech giants, as well as develop a legal framework so that "the crypto industry receives the clarity it has long requested and can thrive in the U.S."

David Sacks is a former Chief Operating Officer of the payment service PayPal and the founder of the software development company Yammer, which was sold to Microsoft for $1.2 billion in 2012. Sacks was born in South Africa, from where his family moved to the U.S. when he was five years old.$BTC