People buy it because they want to commemorate something.” The famous venture capitalist’s comments touched on a long-running debate about the crypto industry in general: how exactly to treat different digital assets.

Sacks first Press Conference focused on crypto, US Innovation, and Stablecoins. This AI and Crypto czar started the conversation that has been anticipated for some time.

David Sacks and the leaders of the congressional committees that will handle crypto legislation outlined their plans at a press conference.

White House crypto czar David Sacks declared that the U.S. was on the cusp of a “golden age in digital assets,” following years of regulatory uncertainty. While Sacks acknowledged that the Trump administration’s specific crypto policies were still in development,