Trump Appoints David Sacks as Crypto Czar

KuCoin News

Release Time:12/14/2024 15:15:24

As reported by @Cointelegraph, former U.S. President Donald Trump has appointed David Sacks, the former COO of PayPal, as his crypto czar. This decision highlights Trump's interest in the cryptocurrency sector. PayPal, where Sacks previously served, currently holds over $2 billion in crypto assets on its balance sheet, indicating a significant involvement in the digital currency space. The appointment is seen as a bullish move for the crypto industry, potentially influencing future policies and market dynamics.

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