- President Trump will host the first White House Cryptocurrency Summit on March 7.
- The event will promote innovation and establish a digital finance framework.
- CEOs, founders, and investors will attend alongside the Digital Asset Task Force.
The White House has announced that President Donald Trump will host and speak at the first-ever White House Cryptocurrency Summit on March 7. This event gathers leading figures in the crypto world, including founders, CEOs, and investors, along with members of the President’s Digital Asset Task Force.
David Sacks, the White House’s AI and Crypto Czar, will chair the summit, and will be managed by Bo Hines, the executive director of the Digital Asset Task Force.
In a statement, the White House confirmed that the summit will focus on promoting innovation and ensuring that digital financial technologies remain an integral part of the U.S. economy.
“The White House announced today that President Trump will host and deliver remarks at the first ever White House Crypto Summit on Friday, March 7,”
Trump, Sacks, and the Evolving Crypto Stand
This gathering arrives a month after David Sacks and several Congressional leaders spoke about the need for U.S. leadership in global digital finance, rather than yielding to other nations.
Similarly, Trump’s remarks on March 7 are also expected to reflect the administration’s commitment to providing a clear regulatory framework that fosters innovation while safeguarding economic security.
Related: Charles Hoskinson Takes A Mysterious Florida Trip, Misses ETH Denver
The timing of the summit also coincides with some other important developments in the crypto industry. Earlier in the week, a federal judge approved the SEC’s move to withdraw its Coinbase case, marking a positive turn for the industry.
Meanwhile, Ethereum incubator ConsenSys and Gemini Exchange co-founder Cameron Winklevoss were informed by the SEC that investigations into their firms were being closed. Apart from these, the SEC has also dropped Tron, Robinhood and Opensea cases.
Growing White House Involvement in Crypto
The White House’s rising interest in crypto shows the administration’s view of digital assets as a pillar of the nation’s financial future.
Related: China vs. Trump Tariffs: Global Markets Shaken, Crypto Beckons
With the event drawing near, attention rests on how these crypto leaders will guide the next phase of U.S. crypto regulation.
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Source: https://coinedition.com/president-trump-to-speak-at-first-ever-white-house-crypto-summit-on-march-7/