Reported 19 days ago
David Sacks's recent appointment by Donald Trump as the 'AI and crypto czar' has energized the cryptocurrency sector, signaling a potential easing of regulations as Trump promises clear legal frameworks for digital assets. Sacks, known for his connections with tech figures like Elon Musk, is expected to foster innovation in the industry. His nomination, along with Paul Atkins as head of the SEC, has coincided with a substantial rise in Bitcoin's value, reflecting a bullish sentiment among crypto enthusiasts.
Source: YAHOO