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David Sacks will step down as the White House's crypto affairs chief; several legislative initiatives still need to be advanced.
Odaily Planet Daily reports that David Sacks will step down from his role as the White House Director of Artificial Intelligence and Cryptocurrency Affairs on March 27, due to reaching the 130-day limit for special government employees. During his tenure, he was involved in promoting legislation related to digital asset market structure and stablecoins, and supported the establishment of a strategic Bitcoin reserve in the United States. He stated that he will continue to participate in related matters as co-chair of the President’s Council of Advisors on Science and Technology. (Decrypt)