'Banks Are Going To Get Fully Into Crypto:' David Sacks Predicts Unified Digital Assets Industry

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. David Sacks, the Trump administration's AI and crypto czar, has predicted that banks will become fully involved in the crypto industry, paving the way for a unified digital assets sector. The prediction comes as legislation on crypto market structures stalls over whether third-party platforms can offer rewards programs to stablecoin users. Banks argue such programs bypass yield restrictions, while crypto fi ...