Crypto Insiders Race for Advisory Council Slots

When crypto executives and policy advisers gathered in Washington this week to discuss regulation under President-elect Donald Trump, one question loomed large: How does one land a seat on the crypto advisory council that Trump’s artificial intelligence and crypto czar David Sacks is planning to convene?

Sacks, a venture capitalist and podcaster, wants such a council to help ensure that the U.S. leads in crypto, according to industry executives and advisers. One possible member is J. Christopher Giancarlo, who served as chair of the Commodity Futures Trading Commission during the first Trump administration, according to three people familiar with the situation. Giancarlo is also advising on the council’s structure and makeup, one of the people said.