Workflow
Digital assets industry
icon
Search documents
Trump’s AI and crypto czar says crypto and traditional banks will become ‘one industry’
Yahoo Finance· 2026-01-21 15:19
White House crypto and AI advisor David Sacks said U.S. banks will eventually adopt cryptocurrencies, especially stablecoins, once new legislation reshapes how the sector is regulated. Sacks said the divide between banks and crypto firms will vanish after Congress passes market structure rules currently in development. “We’re not going to have a separate banking industry and crypto industry. It’s going to be one digital assets industry,” he said in a CNBC interview. Sacks’ comments reflect the Trump ad ...