Main to remember
- President Trump will welcome the very first summit of the White House cryptography on March 7.
- The summit aims to establish a regulatory framework for the cryptography sector while supporting innovation.
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President Donald Trump will welcome the very first summit of the cryptography of the White House on March 7, bringing together the leaders of industry, CEOs, investors and members of the president’s working group on digital assets, David Sacks, the AI and the White House Crypto-TSar, shared in a press release on X Friday.
President Trump will host the first summit of the White House cryptography on Friday, March 7. Participants will include founders, CEOs and investors from the crypto industry. Looking forward to seeing everyone there! pic.twitter.com/peynzduaot
– David Sacks (@ davidsacks47) March 1, 2025
The announcement comes after Trump signed a decree to form an internal working group to make America the world leader in the crypto. Predictive by bags, the group will explore the creation and regulation of a national crypto stock and a regulatory framework of Stablecoin.
The directive also cancels a previous decree by former President Joe Biden who sought to establish a cryptographic regulatory framework and prohibits the development of a digital currency from the American Central Bank (CBDC).
In today’s press release, the White House described the plans to establish a clear regulatory framework for the cryptography sector while supporting innovation and promoting economic freedom.
The administration also criticized its predecessor for having “unjustly prosecute” the digital asset industry.
History in development.
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