The “Czar of Crypto”, David Sacks announces the end of restrictions in the United States

On February 4, 2025, David Sacks, recently appointed “Czar” of cryptocurrencies and artificial intelligence (IA) by the Trump administration, made a resounding announcement during a historic conference. Faced with an audience of investors, entrepreneurs and regulators, he declared the end of the “persecution” of the crypto industry in the United States, a major turning point for the sector.

A new era for crypto in the United States

For several years, the cryptocurrency industry has been facing an uncertain and often hostile regulatory framework in the United States. Under the previous administration, several crypto companies had been continued for alleged violations of securities laws, and regulators had multiplied sanctions against exchange platforms and DEFI projects. This situation had pushed many companies to settle abroad, slowing innovation in the country.

David Sacks therefore announced a complete overhaul of American policy with regard to cryptos, saying that the era of excessive restrictions and arbitrary legal actions was over. “We want America to become a world leader in innovation blockchain innovation,” he said.

Concrete measures to promote innovation

In his speech, David Sacks exhibited several measures to soften Crypto regulations and encourage investments in the sector. Among them:

• The creation of a clear framework for digital assets, distinguishing cryptocurrencies from traditional financial titles.

• The end of proceedings against certain crypto companies accused of minor regulatory violations.

• The implementation of a regular dialogue between companies in the sector and the federal authorities.

This announcement caused contrasting reactions on the Crypto market. While some investors see it as an opportunity to relaunch the growth of the sector in the United States, others remain cautious, and wait to see how these new measures will be put in place.

The announcement of David Sacks therefore marks a decisive turning point for the crypto industry in the United States. With this decision, the Trump administration sends a strong signal: the United States intends to become a major player in the global crypto ecosystem. It remains to be seen whether these measures will be sufficient to restore the confidence of investors and stimulate the growth of the sector.