WASHINGTON — President Trump will host and deliver remarks at the first-ever White House Crypto Summit on Friday, March 7, bringing together industry leaders and policymakers to discuss the future of digital assets, the administration announced Friday.
The summit will feature prominent founders, CEOs, and investors from the cryptocurrency sector, as well as members of the President’s Working Group on Digital Assets. White House A.I. & Crypto Czar David Sacks will chair the event, with Bo Hines, the working group’s executive director, overseeing its administration.
The event marks a significant policy shift from the previous administration, which the White House claims unfairly prosecuted the digital asset industry. Trump has repeatedly expressed his support for cryptocurrency, declaring in January that he would be the country’s “first crypto president.” Shortly after taking office, he issued Executive Order 14178, stating that his administration’s policy is to “support the responsible growth and use of digital assets … across all sectors of the economy.”
According to the White House, the summit will focus on developing a clear regulatory framework for digital assets, addressing key issues such as investor protection, financial stability, and innovation. The administration has emphasized the importance of reducing regulatory uncertainty and fostering a more business-friendly environment for blockchain technology and cryptocurrency markets.
Trump’s approach represents a stark contrast to his predecessor’s stance on digital assets.
Under the Biden administration, regulatory agencies, including the Securities and Exchange Commission (SEC), took aggressive enforcement actions against major cryptocurrency firms, leading to increased tensions between the industry and federal regulators. Critics of the previous administration argued that its policies stifled innovation and pushed crypto-related businesses offshore.
The upcoming summit is expected to address these concerns by outlining a more supportive regulatory approach. While details of specific policy proposals have not yet been disclosed, industry insiders anticipate discussions on issues such as stablecoin regulation, central bank digital currencies (CBDCs), and the role of decentralized finance (DeFi) in the broader economy.
The White House has positioned the summit as a step toward integrating digital assets into the financial system while balancing innovation with necessary safeguards.
With the first-ever White House Crypto Summit, the Trump administration signals a pro-crypto shift in federal policy.