David Sacks hails President Donald Trump's executive order on crypto while slamming the Biden administration's "prosecution and persecution" of the industry.

Trump has signed an executive order to create a federal framework for digital assets and establish a crypto advisory council.

Today, the Securities and Exchange Commission (SEC) has pulled the plug on Staff Accounting Bulletin No. 121 (SAB 121), a rule that had tied crypto companies in regulatory knots since 2022. This ...