Possible next crypto czar, Jay Clayton, began crypto's regulation-by-enforcement at SEC
Jay Clayton is being considered for a new AI czar role within the Trump administration, despite his previous history of aggressive crypto regulation at the SEC. The article explores how his past enforcement-heavy approach to digital assets might contrast with the current administration's evolving technology agenda.
Why it matters
Clayton's potential appointment signals a shift in how the U.S. government may approach the regulation of emerging technologies like AI and crypto, impacting industry oversight.
That AI czar job seems to have a decidedly different remit than what David Sacks had when he served Trump as the combined crypto and AI czar. If Clayton gets the new job, it'll focus on the administration's AI Force to oversee the rapidly growing domestic industry. However, it's unclear what the task might entail as the president counters those who have sounded alarms over the safety issues posed by increasingly sophisticated machine intelligence.
The job doesn't seem to have crypto on its agenda, though the two fields have major overlaps, and Trump's first czar, David Sacks, handled both topics. Sacks left his crypto czar role in March , and the White House's crypto efforts have since been led by adviser Patrick Witt.
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