Trump appoints former PayPal COO David Sacks as AI and crypto czar

12/05/2024

Less than a minute

2024.12.05 20:12

© Reuters. FILE PHOTO: David Sacks, former CEO of Yammer speaks during Day 1 of the Republican National Convention (RNC), at the Fiserv Forum in Milwaukee, Wisconsin, U.S., July 15, 2024. REUTERS/Mike Segar/File Photo

(Reuters) – U.S. President-elect Donald Trump on Thursday said he was appointing former PayPal (NASDAQ:) Chief Operating Officer David Sacks to be his White House Artificial Intelligence and Crypto Czar.

“He will work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.,” Trump said in a post on his social-media site Truth Social.

12/05/2024

Less than a minute

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