The "Crypto Czar", David Sacks Announces The End Of Restrictions In The United States

On February 4, 2025, David Sacks, recently appointed “Czar” of cryptocurrencies and artificial intelligence (AI) by the Trump administration, made a resounding announcement at a historic conference. In front of a crowd of investors, entrepreneurs, and regulators, he declared the end of the “persecution” of the crypto industry in the United States, a major turning point for the sector.

A new era for crypto in the United States

For several years, the cryptocurrency industry had been facing an uncertain and often hostile regulatory framework in the United States. Under the previous administration, several crypto companies had been sued for alleged violations of securities laws, and regulators had increased sanctions against exchange platforms and DeFi projects. This situation had pushed many companies to relocate abroad, slowing innovation in the country.

David Sacks thus announced a complete overhaul of U.S. policy towards crypto, stating that the era of excessive restrictions and arbitrary lawsuits was over. “We want America to become a global leader in blockchain innovation,” he declared.

Concrete measures to promote innovation

In his speech, David Sacks outlined several measures aimed at easing crypto regulation and encouraging investments in the sector. Among them:

• The creation of a clear framework for digital assets, distinguishing cryptocurrencies from traditional financial securities.

• The end of lawsuits against certain crypto companies accused of minor regulatory violations.

• The establishment of a regular dialogue between industry players and federal authorities.

This announcement triggered mixed reactions in the crypto market. While some investors see it as an opportunity to restart sector growth in the United States, others remain cautious, waiting to see how these new measures will be implemented.

The announcement from David Sacks thus marks a decisive turning point for the crypto industry in the United States. With this decision, the Trump administration sends a strong signal: the United States is determined to become a major player in the global crypto ecosystem. It remains to be seen whether these measures will be sufficient to restore investor confidence and stimulate sector growth.