Trump appoints former PayPal COO David Sacks as AI and crypto czar

(Reuters) – U.S. President-elect Donald Trump on Thursday said he was appointing former PayPal (NASDAQ:PYPL) Chief Operating Officer David Sacks to be his White House Artificial Intelligence and Crypto Czar.

“He will work on a legal framework so the Crypto industry has the clarity it has been asking for, and can thrive in the U.S.,” Trump said in a post on his social-media site Truth Social.

This post is originally published on INVESTING.

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