Trump to appoint David O. Sacks as White House Cryptocurrency and Artificial Intelligence Director

On December 6th, it was reported that US President-elect Trump will appoint David O. Sacks as the White House Cryptocurrency and Artificial Intelligence Director, responsible for leading the US policy and regulatory affairs in the cryptocurrency field. Sacks is a well-known Silicon Valley investor and a supporter of blockchain technology. Trump said: 'Sacks will be committed to formulating a legal framework to provide the clarity that the encryption industry has always sought, thereby allowing the industry to flourish in the United States.' It is reported that DAVID O. SACKS is an advisor to the ZRX project. David O. Sacks is a South African-American entrepreneur and writer, and was the COO of PayPal in its early days. Sacks serves as an advisor to 0x protocolToken ZRX. David Sacks has publicly expressed his support for BTC and cryptocurrency many times. He believes that BTC is a tool to counter the TradFi system and centralization, and has demonstrated its value, especially against the backdrop of global economic uncertainty and currency depreciation. He believes that Decentralized Finance and blockchain technology can make the financial system more transparent. David Sacks has invested in multiple cryptocurrency projects through his venture capital fund Craft Ventures.