On December 6, news broke that U.S. President-elect Trump will appoint David O. Sacks as the White House cryptocurrency and artificial intelligence director, responsible for leading U.S. policy and regulatory affairs in the cryptocurrency sector. Sacks is a well-known Silicon Valley investor and a supporter of blockchain technology. Trump stated: "Sacks will work to establish a legal framework that provides the clarity the cryptocurrency industry has long sought, allowing the sector to thrive in the United States." It is reported that DAVID O. SACKS is an advisor for the ZRX project. David O. Sacks is a South African American entrepreneur and writer, who served as the Chief Operating Officer during the founding period of PayPal. Sacks is an advisor for the 0x protocol token ZRX. David Sacks has publicly expressed support for Bitcoin and cryptocurrencies multiple times. He believes Bitcoin is a tool against the traditional financial system and centralization, particularly highlighting its value amid global economic uncertainty and currency devaluation. He believes DeFi and blockchain technology can make the financial system more transparent. David Sacks has invested in several cryptocurrency projects through his venture capital fund, Craft Ventures.