David Sacks, the White House's "Crypto Tsar": Bitcoin, blockchain, and cryptocurrency will form the core of the future financial system

B.news
28 May 2025 11:39:56 AM
At the "Bitcoin 2025" conference, David Sacks, the White House's director of cryptocurrency and artificial intelligence policy and known as the "crypto czar", delivered an important speech, clearly stating that blockchain and Bitcoin will p
David Sacks, the White House's

At the "Bitcoin 2025" conference, David Sacks, the White House's director of cryptocurrency and artificial intelligence policy and known as the "crypto czar", delivered an important speech, clearly stating that blockchain and Bitcoin will play a core role in the future financial system. He pointed out: "We see blockchain, Bitcoin, and cryptocurrency, which is the future financial system."

This remark is regarded as a major policy signal of the US federal administration's positioning of crypto assets, especially in the context of the Trump administration's active promotion of the digital asset legislative framework and strengthening the national Bitcoin reserve strategy.

The focus of federal policy has shifted from "regulation" to "integration" and "adoption"

As a former Silicon Valley venture capitalist and current senior technology advisor to the president, David Sacks was given the role of leading digital asset policy in Trump's second term. His statement continues the recent Trump administration's policy shift on digital assets - from the previous "prudent regulation" to "active adoption and institutional integration".

This shift is reflected in:

Promoting the legislation of the Bitcoin Act, which recommends the purchase of 1 million BTC within five years

Forming a presidential crypto team covering stablecoins, market structure and national reserve strategy

$2.5 billion in private financing to create a Bitcoin vault (led by Trump Media Technology Group)

Policies and capital converge to reconstruct the US financial infrastructure

Industry observers pointed out that as the White House publicly supports blockchain and Bitcoin as the pillars of the new financial system, policy coordination between the Federal Reserve, the Treasury, Congress and key listed companies (such as Coinbase, BlackRock, Trump Media, etc.) may accelerate.

In addition, Sacks' speech further confirmed that:

Decentralized finance (DeFi) and national digital currency (CBDC) routes will be promoted in parallel

The role of blockchain as a financial infrastructure layer is gradually established

The United States will accelerate technical and institutional competition with "crypto-friendly" jurisdictions such as Hong Kong, Singapore, and the United Arab Emirates

David Sacks' statement at the "Bitcoin 2025" conference is not only a policy declaration, but also a sign that the United States officially regards Bitcoin and blockchain as part of the national financial infrastructure. In the digital asset legislation that the US government is about to introduce in the coming weeks, the market is expected to see more strategic signals towards "Bitcoin sovereignty" and "financial digital reconstruction."