David Sacks has concluded his 130-day tenure as the White House's cryptocurrency and artificial intelligence affairs chief and will transition to co-chair of the President's Council of Advisors on Science and Technology, continuing to influence U.S. technology policy. He will focus on advancing a unified regulatory framework for artificial intelligence and engage in policy research across several key areas. This change may affect the future coordination of cryptocurrency and AI regulation.

Maxine Waters, Chair of the U.S. House Financial Services Committee, sent a letter to the Federal Reserve Bank of Kansas City’s president, asking for a detailed explanation of the approval process for Payward Financial—an “account with limited purpose”—opened for cryptocurrency exchanges, and focusing on the scope of the relevant services, risk management requirements, and regulatory review, while expressing concerns about the account’s policies and consumer protection issues.

White House senior adviser David Sacks will continue to lead in the areas of artificial intelligence and cryptocurrency, and has been appointed co-chair of the President’s Council of Advisors on Science and Technology, with the goal of advising on key technical issues and advancing the 2026 priorities proposed by Trump.

Gate News reports that on March 27, according to Fox Business, a senior advisor at the White House stated that David Sacks will continue to serve as the head of the White House's artificial intelligence and cryptocurrency sectors, while also being appointed as the co-chair of the President's Council of Advisors on Science and Technology (PCAST). As of now, David Sacks's affiliated X account at the White House still shows the description as "White House A.I. & Crypto.

BlockBeats News, March 27 — According to CNBC, David Sacks announced his resignation from his roles as White House AI and Crypto Director.

Gate News bot message, David Sacks has departed from his role as White House AI and Crypto Czar, according to The Information. Sacks previously held this position overseeing artificial intelligence and cryptocurrency policy matters within the administration.

The White House Office of Information and Regulatory Affairs has reviewed the Department of Labor's proposal to include alternative assets, including digital assets, in 401(k) plans. This move implements the executive order from former President Trump and signals a shift in the federal government's attitude toward digital assets. The Department of Labor will initiate a public comment period and plans to introduce new regulations in the future.

The proposed rule by the U.S. Department of Labor has been approved by the White House, potentially allowing cryptocurrencies and private equity to be included in 401(k) plans, aiming to change investment options in the $10 trillion market. The proposal originates from an executive order by Trump, emphasizing the facilitation of alternative investments.

This article summarizes cryptocurrency news as of March 26, 2026, including the latest updates on Bitcoin, Ethereum upgrades, Dogecoin trends, real-time cryptocurrency prices, and price forecasts. Major Web3 events today include: 1. CoinShares report: 20% of global Bitcoin miners are on the verge of losses; 2. Bo Shen, founder of Distributed Capital: In 2022, a personal wallet was hacked, resulting in a loss of $42 million. He is now seeking clues and offering a bounty of 10%-20%; 3. Franklin Templeton, in partnership with Ondo, launches five tokenized ETFs, ushering in a 24-hour on-chain trading era.

The White House has completed regulatory review of the proposed rule by the Department of Labor, aimed at allowing 401(k) plans to invest in cryptocurrencies and paving the way for their entry into the retirement market. If approved, this rule will provide new investment options for digital assets, private equity, and more, marking an increase in the prominence of digital assets within traditional finance and having a significant impact on the retirement market.