David Sacks has stepped down from his role as the White House AI and crypto lead due to reaching the term limit for special government employees.

Techub News reported, according to Decrypt, David Sacks, the White House's lead on artificial intelligence and cryptocurrency matters, has stepped down after reaching the 130-day term limit for special government employees. He will continue to engage in government affairs as the co-chair of the President's Council of Advisors on Science and Technology, focusing on artificial intelligence and broader technology policy.

During his tenure at the White House, Sacks led the Trump administration's crypto policy, including pushing for related legislation and supporting a U.S. strategic Bitcoin reserve, though some major reforms anticipated by the industry remain pending. Sacks had stated that market structure and stablecoin legislation could be passed within the first 100 days of the administration, but the "CLARITY Act" has encountered obstacles in Congress. Additionally, plans to establish an industry leader "Crypto Council" have not materialized due to internal disagreements, and issues such as the funding source for the strategic Bitcoin reserve purchases remain to be clarified.