David Sacks Calls for Clear Crypto Regulation To Maintain U.S. Global Leadership

David Sacks, former Trump administration official and crypto advocate, emphasizes the need for clear regulatory clarity in the US to solidify its position as a leader in the cryptocurrency industry. He asserts that this will foster innovation and maintain America’s standing in the digital asset market. In a recent interview, Sacks argued that the current regulatory environment is causing uncertainty for industry players, pushing them offshore while hindering growth within the U.S. He believes a clear framework from Washington would address these concerns.