Washington, D.C. — David Sacks, the United States’ first AI and crypto czar, has laid out his top priorities, emphasizing the need for regulatory clarity and the potential establishment of a “Bitcoin Reserve.” In his first press conference, held alongside four congressional leaders, Sacks addressed key industry concerns, including the SEC’s enforcement approach and the phenomenon of “debanking,” where crypto startups are denied access to traditional banking services.

David Sacks, the nation’s first AI and crypto czar, has stated that regulation and a “Bitcoin Reserve” are top priorities for his first press conference alongside four congressional leaders.

Sacks made it clear that his digital asset markets working group, created under an executive order issued by President Trump two weeks ago, is actively assessing the feasibility of a U.S. Bitcoin reserve. This move, if implemented, could significantly alter the nation’s approach to digital assets and potentially bolster the credibility of Bitcoin as a strategic asset.

Additionally, the press conference shed light on two proposed bills that could serve as the foundation of U.S. crypto regulation. These bills aim to provide a structured legal framework for the industry, ensuring innovation is not stifled while addressing concerns related to fraud, compliance, and investor protection.

Sacks’ statements reflect a broader shift in the U.S. government’s stance toward crypto and AI, signaling a move toward structured oversight rather than reactionary enforcement. With crypto firms long seeking regulatory clarity, the prospect of well-defined rules and a potential Bitcoin reserve marks a pivotal moment for the industry.

As developments unfold, stakeholders will closely monitor how these proposed regulatory measures take shape and whether they lead to a more innovation-friendly environment for crypto businesses in the U.S.