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-0.000290697674418506 -0.000872093023255847 0 -0.000232558139534837 -0.00732558139534878 -0.00523255813953492 -0.0083720930232558 -0.0186046511627906
Stock impact report

President Trump's crypto czar is stepping down — and into this new role [Yahoo! Finance]

Coinbase Global, Inc. - 3Class A (COIN) 
US:NASDAQ Investor Relations: convertedorganic.com
Company Research Source: Yahoo! Finance
David Sacks, the prominent venture capitalist, is stepping down as the administration's so-called crypto and AI czar. The role never existed before, and was designated as a special government employee. SGE's are only expected to perform temporary duties for the legislative or executive branch for no more than 130 days during a 12-month period. He told Bloomberg on Thursday that he had “used up” his allotted time. Now, he's joining the president's council of advisors on science and technology. “I think moving forward as co-chair of PCAST, I can now make recommendations on not just AI but an expanded range of technology topics,” he said. “So yes, this is how I'll be involved moving forward.” The council is composed of up to 24 members and was founded in 2001 under President George W. Bush. The council invites industry members to prepare policy suggestions, among other activities. Sacks will be joined by several other influential members of the crypto industry, including Show less Read more
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