White House Assembles Star-Studded Tech Council to Shape Crypto and AI Policy
The White House has formed a new advisory group focused on technology and financial innovation. The President's Council of Advisors on Science and Technology (PCAST) includes major names from crypto and AI. Among them are Marc Andreessen, Fred Ehrsam, and David Sacks, who will co-chair the council. The council was announced on Wednesday with 13 initial members. Alongside Andreessen, a long-time Bitcoin advocate since his 2014 essay Why Bitcoin Matters, the group features Coinbase co-founder Fred Ehrsam. Ehrsam left Goldman Sachs in 2012 to help build Coinbase into a leading crypto exchange.
Other tech leaders on the council include Nvidia's Jensen Huang, Meta's Mark Zuckerberg, Google's Sergey Brin, Oracle's Larry Ellison, and AMD's Lisa Su. David Sacks, a former U.S. Chief Technology Officer, will co-chair the group. The PCAST will advise on competitiveness, innovation, and financial infrastructure. Its creation signals a growing recognition of crypto's role in policy discussions. Meanwhile, Bitcoin's price has dipped below $67,000 amid market volatility.
The new council could shape clearer regulations for U.S.-based crypto firms. Its members bring deep experience in both technology and finance. The group's work may influence how crypto integrates into broader national strategies.
