White House Announces First-Ever Crypto Summit
The post White House Announces First-Ever Crypto Summit appeared on BitcoinEthereumNews.com.
The White House announced on February 28 that President Trump will host and deliver remarks at the first ever White House Crypto Summit on Friday, March 7. According to the announcement, the summit will bring together “prominent founders, CEOs, and investors from the crypto industry,” along with members of the President’s Working Group on Digital Assets. The gathering will be hosted by White House A.I. & Crypto Czar David Sacks. It will be administered by the Working Group’s Executive Director Bo Hines. Summit follows major industry wins The White House Crypto Summit announcement caps a week of victories for the digital asset industry. Just hours before the White House press release, a federal judge approved the Securities and Exchange Commission’s motion to withdraw its case against Coinbase. Source: X This development followed earlier announcements from ConsenSys CEO Joe Lubin and Gemini co-founder Cameron Winklevoss that the SEC had informed their respective companies it would terminate its investigations into those firms. The SEC also announced its intention to hit stop on its case against Justin Sun and TRON. These regulatory shifts align with statements made by David Sacks during his first public remarks as Trump’s crypto czar earlier this month. Speaking at a February 4 press conference alongside congressional leaders, Sacks emphasized the administration’s commitment to aid in crypto development. “We want to keep that innovation onshore in the U.S.,” Sacks stated, adding, “Financial assets are destined to become digital, just like every analog industry has become digital, and we want that value creation to happen in the United States, rather than giving it away to other countries.” While the White House has not yet released a complete list of summit attendees, the event is expected to bring together key stakeholders from across the digital asset ecosystem. National Bitcoin reserve discussions…
Filed under: News - @ March 1, 2025 11:25 am