White House to Host Crypto Industry Summit
Date: 2025-03-04 Author: Henry Casey Categories: IN WORLD
The White House is preparing to host a summit with crypto industry representatives, organized by David Sachs, who oversees digital assets and artificial intelligence. He is being assisted by Bo Hines, executive director of the President’s Task Force on Digital Assets.
The exact list of invited participants has not yet been disclosed, but the meeting is expected to be a platform for dialogue between the administration and crypto industry leaders. Donald Trump is scheduled to speak, intending to outline the U.S. strategy for digital assets.
According to the organizers, the Trump administration is pursuing a different policy than the previous administration, which they believe over-regulated the industry. The new approach is aimed at strengthening the U.S. position in the crypto and digital space.
David Sachs, who chairs the President's Council of Advisers on Digital Currencies, previously said that Trump's recently signed executive order on cryptocurrencies is aimed at improving government regulation of the sector. An important goal of the document is also to strengthen the dollar's influence in the global market through the development of digital assets.
