#White House: New Era for Encryption in the U.S.#

David Sacks, the incoming cryptocurrency chief at the White House, has said that a new era of cryptocurrency innovation in the United States is just beginning. He believes that the "reign of terror" against cryptocurrencies is over, and that the US is entering a new period of cryptocurrency development. Sacks, who was appointed by President Trump to oversee artificial intelligence and cryptocurrency, has expressed his optimism about cryptocurrencies on numerous occasions, and believes that the US has enormous potential in the cryptocurrency field. His remarks have attracted widespread attention, and have been interpreted as a shift in the White House's stance on cryptocurrencies, and also foreshadows a more proactive embrace of cryptocurrency technology by the United States.