Caesar crypts in Trump, David Sachs, promotes the president’s executive, and says that Biden has led the industry abroad

President Donald Trump Caesar Curls, David Sachs, celebrates after the president signed an executive order seeking to clarify the regulations in the industry on Thursday, praising his embrace of this industry while criticizing the Biden administration for removing it.

In an exclusive interview with Fox Business “Evening Editor” On Friday, Sachs said that Trump’s actions showed that he was fulfilling his campaign promise to make the United States a “capital of cryptocurrencies” in the world.

Sachs said that Trump Eye encryption His team is directed to produce an organizational framework to encourage innovation and encrypted currencies in the United States, instead of pushing the industry to other countries.

The increasing prominent investments in the private sector, amid Trump’s return to the White House

“Over the past four years, the Biden administration has sued and persecuted encrypted currency companies, which has already led to pushing it abroad,” Sachs told host Edward Lawrence. “I heard a lot of heinous stories by the founders and businessmen, and the Biden administration did not tell them what the road rules are, and then they will be tried. What industry wants more than anything else is organizational clarity.”

David Sachs, CEO of Zenefits, speaks during the 2016 Techcrunch Disrupt conference in San Francisco, California, the United States on September 13, 2016. (Reuters / Beck Devinbach / Reuters)

“They say, just tell us what the rules are. We will adhere to them,” Sachs said. Biden administration will never do it. For this reason, all innovations were moving abroad, and America was about to lose this future technology. “

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Trump creates the presidential work group concerned with the digital asset markets, which will set a federal regulatory framework for it Digital assetsIncluding stable currencies, evaluation of the creation of a strategic national stock of digital assets. It will be headed by the official of the artificial intelligence and encrypted currencies in the White House, and the Treasury Minister and Chairman of the Securities and Stock Exchange (SEC), as well as heads of departments and other relevant agencies.