#White House Crypto Chief: A New Era Is Upon Us#

David Sacks, the incoming cryptocurrency chief of the White House, recently stated that a new era of cryptocurrency innovation in the United States is just beginning, and that the "reign of terror" against cryptocurrencies is over. Sacks' remarks have sparked widespread attention. He believes that the United States has enormous potential in the cryptocurrency field and will play a significant role in the future. Sacks' statements indicate that the US government's attitude towards cryptocurrencies is shifting, moving away from stringent regulation towards a more open and supportive approach. This is a positive signal for the cryptocurrency industry and suggests that the United States will become a global hub for cryptocurrency innovation. Sacks' appointment and his remarks demonstrate that the US government is actively embracing cryptocurrencies and seeing them as a key component of future economic development.