The White House to Host First Crypto Summit on March 7
Date: 2025-03-03 Author: Henry Casey Categories: IN WORLD
On March 7, the White House will host the first-ever summit dedicated to cryptocurrencies. President Donald Trump will deliver a speech outlining his administration’s key priorities in the field of digital assets.
The event is being organized by the Working Group on Artificial Intelligence and Digital Assets, headed by David Sachs. The group’s executive director, Bo Hines, is responsible for coordinating the summit. The main goal of the meeting is to discuss the strategy for the development of the cryptocurrency sector and the integration of blockchain technologies into the economy.
The initiative to hold the summit is related to Executive Order 14178, which Trump signed shortly after taking office. This document reflects the new administration’s commitment to the development of digital assets and their responsible implementation in various sectors of the economy.
During the election campaign, Trump repeatedly criticized the policies of his predecessor Joe Biden, claiming that the crypto industry was subjected to undue pressure from regulators. The president positions himself as a supporter of technological innovation, and the upcoming summit will be an important step in implementing his promises.
Representatives of the crypto market received the news of the meeting with optimism. According to CryptoPulse CEO Sarah Jennings, this event could be a turning point for the industry. She emphasized that business needs stability and clear regulations, and the summit can help create a more predictable environment for market participants.
