Trump: David Sacks will work to establish a legal framework for encryption to ensure that the encryption industry thrives in the United States

Trump stated in his appointment letter to David Sacks that Sacks will be dedicated to establishing a legal framework that provides clarity to the cryptocurrency industry and enables it to flourish in the United States.

Analysts suggest that David Sacks may help lead the way in fulfilling Trump's campaign promise to relax regulations on the cryptocurrency industry. This position could provide a direct channel to the White House for cryptocurrency advocates and serve as a liaison between Trump, Congress, and federal agencies related to digital assets (including the Securities and Exchange Commission and the Commodity Futures Trading Commission).

In the field of artificial intelligence, David Sacks will help Trump make his mark on an emerging technology that has seen explosive growth in recent years.

David Sacks will be at the forefront of deciding how the federal government adopts and regulates the use of artificial intelligence, as advances in AI technology and consumer adoption bring both broad benefits and risks related to national security, privacy, employment, and other areas.