Trump to speak at first crypto summit as industry quarrels over policy
The post Trump to speak at first crypto summit as industry quarrels over policy appeared on BitcoinEthereumNews.com.
This is a segment from the Forward Guidance newsletter. To read full editions, subscribe. If you unplugged over the weekend, you probably missed some major updates on the crypto front. Here’s the 411 on the other big news from the White House we got over the weekend: Trump’s AI and crypto czar will be hosting the first-ever “crypto summit” on March 7. “Attendees will include prominent founders, CEOs and investors from the crypto industry, as well as members of the President’s Working Group on Digital Assets,” the White House said in a statement late last Friday evening. The president will deliver remarks, it added. As a reminder, the Working Group, also chaired by Sacks, includes SEC Chair Mark Uyeda and Treasury Secretary Scott Bessent. The summit’s agenda has not been released, but we can imagine the crypto stockpile and stablecoin legislation will take center stage. Both the newly announced stockpile and various stablecoin bills in Congress have highlighted tension between crypto companies and high-profile industry members. Those pushing for a bitcoin-only reserve were disappointed to learn that Trump plans to include four additional tokens, and we’ve written before about how US-based stablecoin issuers may be hoping to lock in advantages by lobbying for forthcoming stablecoin laws. Get the news in your inbox. Explore Blockworks newsletters: Blockworks Daily: The newsletter that helps thousands of investors understand crypto and the markets, by Byron Gilliam. Empire: Start your day with top crypto insights from David Canellis and Katherine Ross. Forward Guidance: Explore the growing intersection between crypto, macroeconomics, policy and finance with Ben Strack, Casey Wagner and Felix Jauvin. 0xResearch: Get alpha directly in your inbox — market highlights, charts, degen trade ideas, governance updates, and more. Lightspeed: All things Solana, in your inbox, every day from Jack Kubinec and Jeff Albus. The…
Filed under: News - @ March 3, 2025 9:28 pm