David Sacks calls on the crypto industry to use buffer periods to resolve disagreements

White House Director of Cryptocurrency and Artificial Intelligence David Sacks stated that the likelihood of legislation on the structure of the cryptocurrency market is close to historical highs, and the cryptocurrency industry should use the current buffer period to resolve remaining disagreements. He emphasized that now is the best time to establish industry rules and ensure future development. The White House will continue to work with Senate Banking Committee Chairman Scott, committee members, and industry stakeholders to push for bipartisan legislation to pass as soon as possible.