Trump Crypto Czar David Sacks Says Federal Reserve Rule Changes Will Open Banks to Bitcoin and Drive Mainstream Adoption

David Sacks, President Donald Trump's designated Crypto Czar, has stated that forthcoming Federal Reserve regulatory changes will open banking services to Bitcoin and other cryptocurrencies. Sacks emphasized that this move is expected to drive broader mainstream adoption of crypto assets in the United States. This development aligns with ongoing discussions about cryptocurrency custody challenges at the Securities and Exchange Commission and broader international trade considerations, including China's contemplation of removing 125% tariffs on U.S. medical devices and semiconductors. This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz . To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io