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In a move set to reshape U.S. digital asset policy, President Donald Trump will host the first-ever White House Crypto Summit on Friday, March 7, bringing together top industry leaders and key policymakers. The summit, chaired by venture capitalist and tech investor David Sacks, signals a major shift in federal cryptocurrency policy, aligning with Trump’s campaign promise to be “America’s first crypto president.”
The event follows Trump’s signing of Executive Order 14178, which declares that his administration’s policy is to “support the responsible growth and use of digital assets … across all sectors of the economy.” The order reverses Biden-era policies, which saw the SEC tighten enforcement and expand regulatory oversight—a move critics argue stifled innovation.
Key figures in the administration—including Bo Hines, executive director of the President’s Working Group on Digital Assets—are expected to lay out a roadmap for crypto-friendly regulations. According to the White House, the summit will focus on establishing clear industry guidelines, expanding stablecoin oversight, and blocking the creation of a U.S. central bank digital currency.
“This is a new era for digital financial technology,” a White House official stated. “After years of unfair prosecutions and burdensome regulations, the administration is committed to fostering innovation while safeguarding economic liberty.”
While crypto advocates welcome the shift, financial watchdogs remain wary. Some argue that easing restrictions could open the door to fraud and financial instability—concerns heightened by the sector’s high-profile collapses, including FTX. But Trump’s supporters insist that reducing regulatory barriers will spur investment and cement America’s leadership in the global digital economy.
With high-profile industry leaders set to attend, the White House Crypto Summit could be a defining moment in reshaping how the U.S. approaches digital finance.
