David Sacks, the soon-to-be-appointed czar of crypto and artificial intelligence affairs, remarked on the positive changes the Trump administration will execute regarding crypto policy. At Trump’s crypto ball, where the president’s official meme coin was also launched, Sacks stated, “The reign of terror against crypto is over, and the beginning of innovation in America for crypto has just begun.” Trump is expected to issue several executive orders regarding crypto on day one and address the expectation of a so-called strategic bitcoin reserve that would tackle the $36 billion public debt problem.

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