Trump’s AI and Crypto Czar Backs Stablecoin Bill, Pushing for Clear Digital Asset Rules

Benzinga

President Donald Trump's AI and Crypto czar, David Sacks, has teamed up with lawmakers on digital asset regulations, with stablecoins as a key focus. In a CNBC interview, Sacks highlighted plans to pass legislation within six months to provide a clear regulatory framework, boosting U.S. innovation in digital finance. Sacks joined congressional leaders to endorse a stablecoin bill, citing benefits for U.S. dollar dominance and long-term economic growth. The SEC announced steps to clarify crypto rules, promising transparency and reduced regulatory ambiguity.

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00:00It's Benzinga, bringing Wall Street to Main Street.

00:02President Donald Trump's AI and crypto czar, David Sachs, has teamed up with lawmakers on

00:06digital asset regulations, with Stablecoin as a key focus. In a CNBC interview, Sachs

00:12highlighted plans to pass legislation within six months to provide a clear regulatory framework,

00:16boosting U.S. innovation in digital finance. Sachs joined congressional leaders to endorse

00:21a Stablecoin bill, citing benefits for U.S. dollar dominance and long-term economic growth.

00:26The SEC announced steps to clarify crypto rules, promising transparency and reduced

00:31regulatory ambiguity. For all things money, visit Benzinga.com slash GSTV.

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