U.S. AI and crypto czar David Sacks joins Senate Banking Committee discussions to push for passage of crypto market structure legislation, signaling renewed bipartisan momentum in Washington.
U.S. AI and cryptocurrency czar David Sacks will meet with Republican members of the Senate Banking Committee to emphasize the need to pass crypto market structure legislation in 2025. The meeting follows ongoing bipartisan efforts, including roundtables organized by Senators Kirsten Gillibrand and Tim Scott, to address key industry and regulatory concerns. Lawmakers like Senator John Kennedy have raised issues around oversight and consumer protection, while both parties see renewed potential to revive stalled negotiations on the Digital Asset Market Clarity Act.