FameEX Hot Topics | Historic White House Crypto Summit: Trump’s Crypto Czar to Outline US Strategic Reserve Plan
2025-03-03 07:21:31The White House is set to host a landmark crypto summit on March 7, bringing together key industry leaders, policymakers, and investors. This event marks a major step in shaping the U.S. approach to digital assets under the Trump administration. The summit aims to foster collaboration between government officials and the crypto sector, reinforcing the administration’s commitment to making the U.S. a global leader in digital finance.
David Sacks, the White House’s AI and crypto czar, officially announced the event on February 28 via social media platform X. He stated that President Trump will personally host the summit, which will include prominent founders, CEOs, and investors from the cryptocurrency industry. According to a White House press release shared by Sacks, President Trump will deliver remarks at the event, addressing his administration’s digital asset strategy.
The summit will be chaired by Sacks and overseen by Bo Hines, the Executive Director of the President’s Working Group on Digital Assets. This working group plays a critical role in advising on cryptocurrency regulations and policies. In a follow-up statement on March 2, Sacks highlighted the event’s significance, linking it to President Trump’s recent announcement of a U.S. Crypto Strategic Reserve. The reserve, which includes Bitcoin and other top cryptocurrencies, aligns with Trump’s Executive Order 14178, reinforcing his pledge to position the U.S. as the “Crypto Capital of the World.”
Fox Business journalist Eleanor Terrett revealed additional details on March 1, noting that the summit is the first in a planned series of high-level discussions. These meetings are designed to replace the previously proposed “crypto advisory council” and will serve as a forum for ongoing collaboration between the White House and industry stakeholders.
A list of approximately 25 invitees has reportedly been finalized for the March 7 event, though the names remain undisclosed. This exclusive gathering is expected to shape future policy decisions, signaling the administration’s intent to integrate digital assets into the national economic strategy.
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