PANews December 21 news, crypto 'czar' David Sacks tweeted: 'Some traditional media reported tonight that my role has changed, which is completely wrong. I expect to spend half my time in Washington guiding policy and the other half in Silicon Valley.'

According to previous reports, Fortune reported that the scope of David Sacks, who was originally scheduled to serve as the 'AI and cryptocurrency czar' of the Trump administration, has changed. Two people familiar with the transition team's internal operations said that while the 'czar' position was initially seen as a clear leadership role, it now resembles a general advisory position.