🧵 Donald Trump appoints a leader for AI and Crypto to the White House!

1️⃣ Donald Trump announced the appointment of David O. Sacks, founder of Yammer and former COO of PayPal, as the “White House A.I. and Crypto Czar.” *(White House's "AI and Crypto Czar").

👉 Sacks will coordinate policies for Artificial Intelligence and cryptocurrencies, considered essential for US competitiveness.

2️⃣ What will David O. Sacks do?

It will develop a legal framework to provide clarity to the crypto sector.

He will lead the Presidential Council of Advisors on Science and Technology.

3️⃣ Trump supports crypto and AI.

🔸 "David will guide the Administration's policy in two critical areas for America's future," Trump said on Truth Social.

🔸 This is a continuation of his support for innovation after appointing former SEC Commissioner Paul Atkins to reform the agency from January 2025.

4️⃣ Why does this move matter?

🌐 Under the Trump administration, emerging technologies such as AI and crypto will receive greater support to ensure the US advance in these industries.

#AI#Crypto#USPolitics#Trump