🏛️ Trump’s Crypto Turn: White House Czar David Sacks Signals Support & Stability Ahead 🇺🇸💥
David Sacks, the White House AI & crypto czar, is signaling a seismic shift in Washington: President Trump is now fully backing crypto — and legislation is finally moving. Here's what you need to know:
🔹 Why it matters: Trump’s stance is a total reversal from Biden’s crackdown and even from his own first term.
🔹 Sacks says Trump relates personally to the “lawfare” faced by crypto founders after his own legal battles.
🔹 Stablecoin legislation is expected to hit the Senate floor soon.
🔹 A second market structure bill has passed through two House committees.
🔹 The SEC is drafting new digital asset rules, while key figures like Hester Peirce and Paul Atkins push for long-term clarity.
🔹 “The purpose of legislation is to provide stability,” Sacks said during a Coinbase event.
🔹 Trump’s election victory sparked this policy shift — Sacks calls it a “new beginning” for the crypto community.
🔹 Vice President JD Vance has doubled down, promising pro-growth rules at the Bitcoin 2025 conference.
🚀 The U.S. is finally on track to lead global crypto innovation — with Congress, the White House, and regulators aligned.