David Saks, who was at the center of policy shifts as the crypto czar responsible for cryptocurrencies and AI under the Trump administration, is moving on to a new stage. Last week, he resigned from his special government position and was revealed to be participating as co-chair of the President’s Council of Advisors on Science and Technology (PCAST).

Saks told Bloomberg, "I have used up the assigned period." The term for a Special Government Employee (SGE) is limited to a maximum of 130 days over 12 months, and he has completed that period. However, he is not leaving his position; rather, he will be engaging more broadly in the technology sector.

PCAST is an organization composed of fewer than 24 members, established under the George W. Bush administration in 2001. It functions as a forum for industry leaders to develop policy recommendations. Joining Saks are prominent figures from the crypto industry, such as Coinbase co-founder Fred Arjomand and Andreessen Horowitz founder Marc Andreessen. Saks commented, "This has become the most star-studded group in PCAST history."

What Saks has achieved as the crypto czar is quite significant. Under SEC Commissioner Paul Atkins, enforcement actions against the industry in 2025 decreased by 60% compared to the previous year. CFTC new commissioner Mike Seelig is promoting the growth of prediction markets. Notably, he has also laid the groundwork for stablecoin legislation. The Genius Act provided a clear pathway for banks and fintech companies to issue dollar tokens. This can be seen as a realization of the long-standing demand for transparent regulation in the crypto industry.

Bo Hines, who collaborated with Saks within the administration, described his experience as "the greatest honor of my life." Hines later joined a stablecoin company, illustrating how deeply the industry was involved in the policy transition process.

The United States’ crypto and AI policies are clearly at a turning point. The era of the "war on virtual assets" has ended, and the focus is shifting toward building a regulatory framework. Saks’s new position holds the potential to further accelerate this trend.