As President-elect Donald Trump prepares to take over the White House next year, expectation surrounding David Sacks’ role as the United States’ crypto czar grows in the cryptocurrency sector.

In a conversation with BeInCrypto, industry leaders Ryan Chow of Solv Protocol and Kadan Stadelmann of Komodo expressed their optimism about Sacks’ appointment, expecting favorable changes toward a more industry-friendly regulatory environment.

Crypto Industry Embraces Sacks Appointment

Earlier this month, Trump appointed Sacks, a seasoned entrepreneur and investor with over two decades of Silicon Valley experience, as the White House cryptocurrency and AI czar.

Sacks brings extensive experience to this role, having served as PayPal’s founding COO and a fellow member of the PayPal Mafia. He later founded Yammer, an enterprise software platform that Microsoft subsequently acquired for $1.2 billion.

The crypto community holds high expectations for Sacks and expects him to guide the development of a unified national approach to policymaking and positioning the United States as a leader in emerging technologies.

“Sacks is expected to advocate for clearer guidelines that would benefit blockchain firms, potentially reducing compliance burdens and encouraging investment in digital assets,” Brian Chow, CEO of Solv Protocol, told BeInCrypto.

As an early and vocal proponent of cryptocurrency, Sacks approved of Trump’s efforts to engage with leaders in the sector. After his appointment, he expressed excitement in an X post over the possibility of advancing American competitiveness in emerging technologies.

“One of Sacks’ primary responsibilities will be to establish a legal framework for cryptocurrency that provides much-

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Author: Camila Grigera Naón