U.S. AI and Cryptocurrency Leader Discusses Regulatory Framework with Lawmakers

According to PANews, David Sacks, the U.S. leader on artificial intelligence and cryptocurrency affairs, recently met with members of the Senate Banking GOP and Senate Agriculture GOP on Capitol Hill. He expressed gratitude to Chairmen Tim Scott and John Boozman for their hospitality. Sacks also engaged in discussions with Democratic members, indicating optimism for the passage of cryptocurrency 'market structure' legislation this year, which aims to provide regulatory clarity. The discussions are based on the 'Genius Act,' previously signed by U.S. President Donald Trump. Patrick J. Witt, the Executive Director of the White House Crypto Council, was also present at the meeting.