David Sacks, the White House's AI and Crypto Czar, has left his role after reaching the 130-day legal limit for special government employees. He announced his departure in an interview with Bloomberg on Thursday, March 26, 2026. Sacks will remain involved with the administration as the new co-chair of the President’s Council of Advisors on Science and Technology (PCAST).
During his tenure, Sacks was a central figure in shaping the Trump administration's digital asset agenda. His key initiatives included pushing for comprehensive market structure legislation and stablecoin regulation, as well as advocating for the creation of a U.S. strategic Bitcoin reserve. He frequently criticized the prior Biden administration's regulatory approach as being overly reliant on enforcement.
However, several of these major legislative efforts remain unresolved. Sacks had previously predicted that market structure and stablecoin bills could pass within the administration's first 100 days, but the CLARITY Act and other key proposals are still being debated in Congress. An early plan to establish a permanent White House "crypto council" of industry leaders was abandoned due to industry infighting, replaced by periodic summits and an internal working group.
The proposal for a strategic Bitcoin reserve, intended to position the U.S. as a global crypto hub, has also stalled. Internal debates continue over whether to fund the reserve using seized crypto assets or by selling part of the nation's gold stockpile. Sacks had sold his personal crypto holdings upon taking the role to avoid conflicts of interest.
His departure leaves the administration's crypto policy agenda in a state of flux, with fundamental questions about market oversight and stablecoin governance still unanswered. In his new PCAST role, Sacks indicated his focus would broaden to include artificial intelligence, quantum computing, and nuclear power policy, and he did not mention cryptocurrency in his latest public comments.
