• Written by: Nakamura Haruto
  • Fri, 28 Feb 2025
  •   Indonesia

President Donald Trump is set to host the White Houses first cryptocurrency summit next Friday, marking a significant shift in the administrations approach to digital assets.The post Trump to Host White House Crypto Summit Amid Policy Shift appeared first on Kanalcoin.

Trump to Host White House Crypto Summit Amid Policy Shift

President Donald Trump is set to host the White Houses first cryptocurrency summit next Friday, marking a significant shift in the administrations approach to digital assets, Bloomberg reported.

The event will bring together key industry figures, policymakers, and members of the Presidents Working Group on Digital Assets.

According to a White House statement released Friday night, Trump will address attendees that include prominent cryptocurrency founders, CEOs, and investors.

The summit, aimed at fostering discussions on the future of digital assets in the U.S., will be chaired by White House A.I. & Crypto Czar David Sacks and coordinated by Bo Hines, the executive director of the Presidents Working Group on Digital Assets.

New Policies Signal Shift in U.S. Crypto Regulation Under Trumps Administration

Trumps administration has taken a markedly different stance on cryptocurrency regulation compared to its predecessor. Shortly after beginning his second term, the president signed an executive order emphasizing support for the responsible expansion of blockchain technology and digital assets.

The order also established a working group, including officials from the Treasury Department, the Justice Department, the Securities and Exchange Commission, and the Commodity Futures Trading Commission, to advise the White House on digital asset policy and assess the feasibility of creating a government-controlled reserve of cryptocurrencies.

Trump has expressed ambitions to position the U.S. as a global leader in the crypto space. His commitment follows the Trump familys recent venture into digital currencies, which included the launch of the Official Trump (TRUMP) and Melania Meme (MELANIA) coins in January.

Disclaimer: This website provides information only and is not financial advice. Cryptocurrency investments are risky. We do not guarantee accuracy and are not liable for losses. Conduct your own research before investing.

The post Trump to Host White House Crypto Summit Amid Policy Shift appeared first on Kanalcoin.