David Sacks has concluded his 130-day tenure as the White House’s AI and crypto czar, stepping down due to term limits for special government employees. His departure leaves a significant policy agenda in flux, with major legislative efforts on market structure and stablecoins stalled in Congress and ambitious proposals like a strategic Bitcoin reserve yet to be fully realized. Sacks will remain involved in technology policy through his continued role as co-chair of the President’s Council of Advisors on Science and Technology.
about White House Crypto Czar Steps Down, Leaving Key Legislation UnfinishedWhite House
0 in Finance and 0 in Crypto last weekCrypto Developer Protections: Trump DOJ’s Contradictory Stance
Despite the Trump administration’s public embrace of the crypto industry and promises to shield software creators, the U.S. Department of Justice continues to prosecute developers of privacy tools, creating a dangerous regulatory paradox. A recent federal court ruling dismissing a developer’s preemptive lawsuit has crystallized fears that inconsistent enforcement is trapping innovators in legal uncertainty, with advocates warning this ambiguity undermines both protection and progress.
about Crypto Developer Protections: Trump DOJ’s Contradictory StanceTrump Appoints Tech Titans to Science Council, Including Zuckerberg and Huang
President Donald Trump has established a powerful new advisory body, the President’s Council of Advisors on Science and Technology (PCAST), appointing 13 of the most influential figures from Silicon Valley and beyond. Co-chaired by David Sacks and Michael Kratsios, the council’s initial roster reads like a who’s who of tech, featuring Meta CEO Mark Zuckerberg, Nvidia CEO Jensen Huang, and Oracle founder Larry Ellison. PCAST’s mandate is to guide the administration on how transformative technologies like artificial intelligence and quantum computing will impact the American workforce, signaling a direct channel between the White House and the engine rooms of innovation.
about Trump Appoints Tech Titans to Science Council, Including Zuckerberg and HuangCircle Stock Plummets 20% Amid Tether Audit, Regulatory Concerns
Shares of stablecoin issuer Circle (CRCL) plunged 20% on Tuesday, erasing a portion of its recent meteoric rally, as investors reacted to a dual threat from an ascendant rival and looming regulatory uncertainty. The sell-off was triggered by Tether’s announcement of a forthcoming Big Four audit—a key step toward U.S. compliance—and by lawmakers reviewing new language in the Clarity Act that could restrict lucrative stablecoin yield programs.
about Circle Stock Plummets 20% Amid Tether Audit, Regulatory ConcernsUS Lawmakers Propose Ban on Stablecoin Rewards in New Crypto Bill
U.S. lawmakers are advancing a pivotal compromise bill that would explicitly prohibit cryptocurrency platforms from offering interest-like rewards on stablecoin holdings, aiming to draw a clear regulatory line between digital asset firms and traditional banks. The proposed rules, detailed in the latest legislative text reviewed on Capitol Hill, seek to prevent stablecoins from functioning like bank deposit accounts while carving out a permitted space for activity-based incentives tied to user engagement, such as loyalty and promotional programs. This framework, which would require key regulators including the SEC, CFTC, and Treasury to jointly define permissible rewards, represents a significant step in the long-running debate over crypto’s place in the financial system, eliciting mixed reactions from an industry grappling with its implications.
about US Lawmakers Propose Ban on Stablecoin Rewards in New Crypto Bill$200B Iran War Request Equals Nearly 3 Million Bitcoin
A $200 billion Pentagon funding request for the Iran conflict translates to nearly 3 million Bitcoin at current prices, a staggering figure that dwarfs the holdings of the world’s largest governments, corporations, and funds. This comparison starkly illustrates the chasm between a fiat system built on debt expansion and a scarce digital asset with a fixed supply, framing Bitcoin as a powerful monetary benchmark that makes the scale of government spending tangible.
about $200B Iran War Request Equals Nearly 3 Million BitcoinU.S. Lawmakers Near Deal on Crypto Market Structure & Stablecoin Rules
U.S. lawmakers have signaled a major breakthrough in the long-stalled effort to regulate digital assets, with key senators reaching a tentative agreement with the White House on stablecoin provisions. This development could unblock the comprehensive CLARITY Act, paving the way for a clearer market-structure framework for cryptocurrencies in the United States and setting the stage for a crucial Senate markup in April.
about U.S. Lawmakers Near Deal on Crypto Market Structure & Stablecoin RulesBitcoin’s $136K Fair Value vs $70K Reality: Liquidity Gap Explained
Bitcoin is trading at a steep 50% discount to its modeled fair value of $136,000, according to new analysis from CF Benchmarks. The divergence from global M2 growth reflects tight U.S. monetary policy and rising energy prices that are limiting capital flows into risk assets. This creates one of the largest recorded gaps between cryptocurrency valuations and global liquidity metrics.
about Bitcoin’s $136K Fair Value vs $70K Reality: Liquidity Gap ExplainedStablecoin Yield Compromise Could Unlock Crypto Bill This Week
A potential breakthrough on the contentious issue of stablecoin yield could emerge by week’s end, offering a critical lifeline to the long-stalled crypto market structure bill in the Senate. Senator Tim Scott, chair of the powerful Senate Banking Committee, signaled optimism for a compromise that has bitterly divided crypto firms like Coinbase and traditional banks. With lawmakers warning that Congress has perhaps only six weeks left to act before the 2026 midterms grind legislative progress to a halt, the window for passing landmark crypto regulation is closing fast.
about Stablecoin Yield Compromise Could Unlock Crypto Bill This WeekLawmakers Target War Prediction Markets with BETS OFF Act
Democratic lawmakers have introduced legislation to ban prediction markets tied to military actions and predetermined events, alleging White House insiders are profiting from confidential information. The BETS OFF Act targets wagers on war, terrorism, and government actions that lawmakers argue create dangerous financial incentives. This move represents the latest effort to regulate speculative markets that critics say enable corruption.
about Lawmakers Target War Prediction Markets with BETS OFF ActWhite House Demands ABC Retract Iran Drone Report Amid Crypto Links
The White House has demanded ABC News retract a report warning of a possible Iranian drone attack on California, calling it based on unverified intelligence. The dispute emerges as Iran escalates drone warfare in the Middle East, with cryptocurrency transactions increasingly linked to drone supply chains. Officials stress no credible threat exists to the U.S. homeland.
about White House Demands ABC Retract Iran Drone Report Amid Crypto LinksWhite House Advisor Slams Banks Over Crypto Bill Stalemate
The future of the CLARITY Act, a pivotal cryptocurrency market structure bill, hangs in the balance as it remains stalled in Congress. The primary roadblock is fierce opposition from the traditional banking sector over provisions allowing stablecoin rewards. White House Crypto Advisor Patrick Witt has launched a public campaign against this opposition, framing it as an anti-competitive maneuver that undermines innovation. His stance aligns with President Donald Trump’s recent accusations that financial institutions are resisting policies designed to foster growth in the digital asset sector, setting the stage for a high-stakes regulatory showdown.
about White House Advisor Slams Banks Over Crypto Bill Stalemate