David Sacks speaks to press outside of the White House on March 7, 2025 in Washington, DC. | Kayla Bartkowski/Getty Images This summer, as President Donald Trump signed a new industry-friendly “Genius Act” for cryptocurrency, he deferred to White House “AI and cryptocurrency czar” David Sacks to explain why crypto companies need a hands-off regulatory framework. When Trump introduced an executive order this month that limits states’ ability to regulate artificial intelligence, Sacks was at his side again, insisting that government needs to get out of Silicon Valley’s way if the US hop...

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