Summary
- David Sacks has stated that he has 2 years to push for pro-crypto policies.
- He mentioned that due to the narrow majority of the Republican Party, it might be difficult to push policies after the 2026 midterm elections.
- He added that important policies need to be advanced quickly during this period.
Recently, David Sacks, who has been appointed as the head of cryptocurrency and artificial intelligence (AI) for the second Donald Trump administration, seems to need to quickly push for pro-crypto policies.
According to Cointelegraph on the 28th (local time), Joe Doll, legal counsel for the NFT marketplace Magic Eden, stated, "David Sacks, appointed as the head of cryptocurrency and AI in the Donald Trump administration, has only two years to push for pro-crypto policies."
He explained, "Currently, the Republican Party holds 219 seats, securing a narrow majority. However, this majority could be overturned in the midterm elections in 2026. Therefore, Sacks effectively has only 24 months to push for important crypto-related policies."
Suehyeon Lee
shlee@bloomingbit.ioI'm reporter Suehyeon Lee, your Web3 Moderator.
