Key Takeaways
- President Trump will host the first-ever White House Crypto Summit on March 7.
- The summit aims to establish a regulatory framework for the crypto sector while supporting innovation.
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President Donald Trump will host the first-ever White House Crypto Summit on March 7, bringing together industry leaders, CEOs, investors, and members of the President’s Working Group on Digital Assets, David Sacks, the White House’s AI & Crypto Czar, shared in a statement on X on Friday.
President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt
— David Sacks (@davidsacks47) March 1, 2025
The announcement comes after Trump signed an executive order to form an internal working group aimed at making America the global leader in crypto. Chaired by Sacks, the group will explore the creation and regulation of a national crypto stockpile and a stablecoin regulatory framework.
The directive also overturns a prior executive order by former President Joe Biden that sought to establish a crypto regulatory framework and prohibits the development of a US central bank digital currency (CBDC).
In today’s press release, the White House outlined plans to establish a clear regulatory framework for the crypto sector while supporting innovation and promoting economic liberty.
The administration also criticized its predecessor for having “unfairly prosecuted” the digital asset industry.
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