David Sacks described NFTs and memecoins as collectibles, comparing them to items like baseball cards, and argued they should not be regulated as securities or commodities. He defended Trump's TRUMP memecoin amidst criticism, stating its value lies in commemoration, not financial investment.
AnaisThe only word I can think of to describe the crypto policy community’s reaction to David Sacks’ appointment as the director of AI and cryptography in President-elect Donald Trump’s White House is “confusion.”
JinseFinanceGolden Finance launches the 2532nd issue of "Golden Morning 8" - a morning report on the cryptocurrency and blockchain industry, providing you with the latest and fastest news on the digital currency and blockchain industry.
JinseFinanceTrump will appoint David O. Sacks as the White House Director of Cryptocurrency and Artificial Intelligence, responsible for leading U.S. policy and regulatory affairs in the field of cryptocurrency. Sacks is a well-known Silicon Valley investor and supporter of blockchain technology.
JinseFinanceThe recent Wells notice from the SEC to Coinbase has sparked another reaction from Ripple.
BitcoinistThe high-value sale on OpenSea continues a trend of celebrity estates minting postmortem memorabilia on the blockchain.
CoindeskFaced with a decline in cryptocurrency values, Immutable Games Studio is currently downsizing and terminating the job contracts of multiple ...
Bitcoinist
CointelegraphIn 2021, the firm made seven investments and one exit in an early-stage NFT business.
Cointelegraph“Out of the 80% of Top 50 hedge funds in the world we’ve spoken to, they all are embarking on some sort of crypto journey,” says Olsson.
Cointelegraph