David O. Sacks, a key figure from the 'PayPal Mafia', has been selected by Donald Trump as the new crypto czar in his administration. Sacks is expected to play a significant role in shaping policies related to digital assets and technology.
The appointment indicates Trump's increasing focus on the crypto industry, as he continues to build a pro-crypto cabinet. Sacks has previously expressed his views on Bitcoin, shedding light on how he might steer crypto policies.