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Trump Hosts First-Ever White House Crypto Summit

Coin WorldSaturday, Mar 1, 2025 5:51 am ET
1min read

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 will bring together leading figures in the crypto world, including founders, CEOs, and investors, alongside members of the President’s Digital Asset task Force.

The summit, chaired by David Sacks, the White House’s AI and Crypto Czar, and managed by Bo Hines, the executive director of the Digital Asset Task Force, aims to promote innovation and ensure that digital financial technologies remain an integral part of the U.S. economy.

This gathering comes a month after David Sacks and several Congressional leaders discussed the need for U.S. leadership in global digital finance. President Trump’s remarks on March 7 are expected to reflect the administration’s commitment to providing a clear regulatory framework that fosters innovation while safeguarding economic security.

The timing of the summit coincides with several 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. Additionally, the SEC has closed investigations into Ethereum incubator ConsenSys and Gemini Exchange co-founder Cameron Winklevoss’s firms, and dropped cases involving Tron, Robinhood, and Opensea.

The White House’s growing interest in crypto signals the administration’s view of digital assets as a pillar of the nation’s financial future. As the event approaches, attention turns to how these crypto leaders will guide the next phase of U.S. crypto regulation.

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