Trump's Crypto Summit: Industry Titans Gather for Policy Showdown

Coin WorldTuesday, Mar 4, 2025 3:55 pm ET

1min read

The upcoming crypto summit hosted by former US President Donald Trump has sparked curiosity and anticipation among industry leaders and policymakers. Scheduled for March 7, the event aims to bring together prominent founders, CEOs, and investors from the crypto industry with members of Trump's working group on digital assets. The primary focus is expected to be policy issues related to crypto and blockchain, as well as the exploration of a potential regulatory framework.

Confirmed attendees include Trump himself, along with Ripple CEO Brad Garlinghouse, microstrategy executive chairman Michael Saylor, chainlink co-founder Sergey Nazarov, and David Sacks, Trump's AI and crypto czar. Bo Hines, executive director of the working group, will also be present. Garlinghouse's personal support for Trump's presidential campaign and Ripple's donations to the political action committee Fairshake have led to speculation that other donors, such as coinbase CEO Brian Armstrong, Gemini co-founders Cameron and Tyler Winklevoss, and Kraken co-founder Jesse Powell, might also attend.

Since taking office in January, Trump and Republican lawmakers have proposed establishing a strategic crypto reserve, banning central bank digital currencies, and studying a comprehensive digital asset regulatory framework. The US Securities and Exchange Commission under Trump has also dropped investigations and enforcement actions against many firms involving digital assets. Meanwhile, some Republican lawmakers in the 119th session of Congress have proposed competing stablecoin bills, while Democratic lawmakers have criticized Trump for launching his own memecoin project prior to taking office.

The crypto summit appears to be the first large gathering of digital asset executives at the White House, following former FTX CEO Sam Bankman-Fried's reported meeting with officials in the Biden administration in 2022. As of now, there are no additional details available regarding the summit's agenda. Industry leaders and policymakers alike await the outcome of this significant event, which could shape the future of crypto and blockchain policy in the United States.

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