The White House Crypto Summit is happening on March 7, bringing together important people from the crypto industry and the government. It will be led by David Sacks, known as the White House’s “Crypto Czar,” and hosted by Bo Hines.
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
The main goal is to discuss crypto regulations, improve the industry’s infrastructure, and encourage new ideas. With President Donald Trump
Donald Trump Donald Trump is an American former president politician, businessman, and media personality, who served as the 45th president of the U.S. between 2017 to 2021. Trump earned a Bachelor of science in economics from the University of Pennsylvania in 1968. Trump won the 2016 presidential election as the Republican Party nominee against Democratic Party nominee Hillary Clinton while losing the popular vote. As president, Trump ordered a travel ban on citizens from several Muslim-majority countries, diverted military funding toward building a wall on the U.S.–Mexico border, and implemented a family separation policy. Trump has remained a prominent figure in the Republican Party and is considered a likely candidate for the 2024 presidential election
President
attending, the event could bring big changes to U.S. crypto policies. This is a very important event as this will mark a new era for crypto assets in the U.S.
Trump’s Pro-Crypto Vision
President Trump will be in the center stage at the summit to brief his new administration’s views on digital assets. His first executive order 14178, after his inauguration, confirms that his administration will prioritize the “healthy growth and use of digital assets in all sectors of the economy.” Unlike the previous administration’s strict regulatory approach, Trump’s team aims to introduce clear and structured policies to support the industry while ensuring economic freedom.
The Digital Asset Working Group, which includes key agencies such as the U.S. Treasury, SEC, CFTC, and Justice Department, is expected to play a major role in shaping policy. Recently, the SEC dropped its lawsuit against crypto exchange Gemini and postponed decisions in the Binance case for 60 days, signaling a shift in its enforcement strategy. The summit will likely provide deeper insights into the ongoing work of the crypto task force, led by SEC Commissioner hester peirce
hester peirce
Hester Peirce of the Securities and Exchange Commission, often known as “Crypto Mom,” is one of the most outspoken supporters of cryptocurrency at the government level in the United States. Prior to joining the Securities and Exchange Commission, she worked in a variety of roles evaluating and formulating financial regulations, having graduated from Yale Law School. She worked at George Mason University’s Mercatus Center, a libertarian think tank, most recently before becoming commissioner, where she produced, among other things, critiques of legislation like the Dodd-Frank Act.
She, often known as “Crypto Mom,” is a member of the Securities and Exchange Commission. She was born in Ohio and graduated from Yale Law School. Prior to joining the Securities and Exchange Commission, she worked in a variety of capacities evaluating and creating financial regulations. She worked at George Mason University’s Mercatus Center, a libertarian-leaning think tank, most recently before becoming commissioner, where she produced, among other things, critiques of legislation like the Dodd-Frank Act.
As chairman Jay Clayton steps out and a Joe Biden nominee takes his place, Republican Peirce will find herself in the minority. Clayton, on the other hand, was not particularly forward-thinking when it came to digital assets. President Biden has declared his intention to select Gary Gensler, a crypto expert who would presumably be more prepared to deal with Peirce than Clayton was.
The SEC’s approval of initial public offerings for crypto businesses like Coinbase, the first U.S.-authorized Bitcoin ETF, and, of course, the ICO safe harbour are all obvious targets for Peirce. We won’t know what Peirce thinks about the SEC’s pursuit of Ripple until after the fact, per SEC protocol, but the outcome of that case will almost certainly serve as a springboard for more clarity.
Peirce told guests at the Crypto Finance Conference in January that the future SEC chairman’s priority should be supporting innovation and giving regulatory clarity: “We need to embrace innovation and figure out how to create a regulatory framework that encourages it, which, in our field, I believe means providing clarity.”
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and how upcoming regulatory changes will affect the industry.
One of the biggest announcements expected from the summit is the potential establishment of a Bitcoin Reserve. David Sacks confirmed that this initiative is among the administration’s top priorities, and discussions are taking place within the inter-agency digital asset working group. If implemented, this move could dramatically change Bitcoin’s role in the U.S. economy.
What to Expect Moving Forward
With the White House actively shaping crypto regulations, the summit is expected to lay the groundwork for a more structured and supportive regulatory environment. If Trump follows through with his pro-crypto policies, it could accelerate institutional adoption and provide much-needed clarity for businesses operating in the space. All eyes are now on March 7, as the industry awaits key announcements that could shape the future of crypto in the U.S.
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The White House Crypto Summit is happening on March 7, bringing together important people from the crypto industry and the government. It will be led by David Sacks, known as the White House’s “Crypto Czar,” and hosted by Bo Hines. https://twitter.com/davidsacks47/status/1895660834799698008 The main goal is to discuss crypto regulations, improve the industry’s infrastructure, and encourage …
This articles is written by : Nermeen Nabil Khear Abdelmalak
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