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According to Cointelegraph, United States President-elect Donald Trump has appointed David Sacks, co-host of the All In podcast and a venture capitalist, as his chief adviser on artificial intelligence and cryptocurrency. In a post dated December 6 on his social media platform, Truth Social, Trump announced that Sacks will assume the role of 'White House A.I. & Crypto Czar.' Additionally, Sacks will lead the Presidential Council of Advisors for Science and Technology.

In this significant position, Sacks is expected to shape policy for the administration in the realms of artificial intelligence and cryptocurrency, which Trump emphasized as crucial for maintaining American competitiveness in the future. The appointment highlights the administration's focus on these rapidly evolving sectors and their potential impact on the nation's economic and technological landscape.

Trump further elaborated that part of Sacks' responsibilities will include developing a legal framework for cryptocurrency. This role is also tasked with protecting online speech and addressing concerns related to Big Tech bias and censorship. The appointment reflects a strategic move to navigate the complexities of digital innovation and regulation. As this story develops, more details will be provided as they become available.