Trump’s AI and Crypto Czar Says Crypto and Traditional Banks Will Become ‘One Industry’

Trump’s AI and crypto czar says crypto and traditional banks will become ‘one industry’

Sacks believes the divide between banking and crypto industries will disappear, with banks potentially seeing stablecoin issuance as a way to enter the market.

'Banks Are Going To Get Fully Into Crypto:' David Sacks Predicts Unified Digital Assets Industry

David Sacks, the Trump administration's AI and crypto czar, has predicted that banks will become fully involved in the crypto industry, paving the …

David Sacks Says Crypto And Banks Are Headed For A Historic Merger

The divide between traditional banking and crypto may not last much longer. According to David Sacks, the White House AI and Crypto Czar, the United States is approaching a turning point where banks and crypto firms will no longer operate as rival systems, but as one unified digital asset industry. Sacks shared this view during […]

David Sacks says banks and crypto will merge into one industry

David Sacks said banks and crypto firms will merge into one digital asset industry once the market structure bill passes.

Sacks: Banks and Crypto Will Merge Into One Digital Asset Industry

Introduction At Davos, White House crypto adviser David Sacks laid out a forward-looking vision in which banks and crypto firms eventually operate under a single digital asset framework, once Congress finalizes a long-delayed market structure bill. Speaking with CNBC’s Squawk Box during the World Economic Forum, Sacks framed the CLARITY Act as a pivotal but stalled path forward, with the debate over stablecoin yields identified as the main hurdl…