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

US President-elect Donald Trump on Thursday said he was appointing former PayPal Chief Operating Officer David Sacks as his “White House AI & Crypto Czar,” another step towards overhauling US policy.

“He will work on a legal framework so the Crypto industry has the clarity it has been asking for and can thrive in the US,” Trump said in a post on his social-media site Truth Social, without saying whether “czar” was an official title.