I just noticed a rather interesting development inside the U.S. government. David Sacks, a venture investor known as Trump’s crypto czar, has just stepped down from his role as special advisor on cryptocurrency and AI. The reason is quite simple—his allotted time for this position has run out. Special government employees are only allowed to work for a maximum of 130 days within any 12-month period, so after completing his assignment, Sacks shifted to another role.

Rather than leaving entirely, he joined the President’s Council of Advisors on Science and Technology—PCAST. This is an opportunity to continue exerting influence, but with a broader scope. He said that in this role, he can make recommendations not only on AI but also on many other technology areas. PCAST has up to 24 members, was established in 2001, and is responsible for preparing policy proposals for the president.

The interesting part is that Sacks won’t be going at it alone. The current council includes several major figures from the crypto and technology sectors. Fred Ehrsam, the co-founder of Coinbase, is also a member. Marc Andreessen, the founder of a16z, is participating as well. Sacks commented that this group has the most prominent draw compared with any PCAST that has ever been formed.

Looking back at what Sacks has done in his capacity as crypto czar, his influence is fairly clear. He oversaw the appointment of two new commissioners at the SEC and CFTC—figures who are more friendly to the industry. Under the leadership of SEC Commissioner Paul Atkins, enforcement actions against the crypto industry decreased by 60% compared with the same period in 2025. The new CFTC commissioner is Mike Selig, a supporter of developing prediction markets—an innovative blockchain application.

Sacks also played an important role in pushing forward the Genius Law, the landmark legislation on stablecoins. The law brought stablecoins under federal oversight and gave banks and fintech companies a clear path to issue their own dollar-denominated tokens. This is a major step forward for the industry.

Bo Hines, who previously worked with Sacks on the White House Crypto Council and then left the administration to join Tether, said that serving alongside Sacks was an honor. Hines emphasized that together they positioned the U.S. as the crypto capital of the world. It seems that since Trump took office, the U.S. government’s attitude toward cryptocurrency has changed significantly.