Trump to Host First-Ever White House Crypto Summit Next Week

The summit aims to address regulatory clarity and innovation in the crypto industry after recent market volatility under Trump's administration.

The White House will host its inaugural cryptocurrency summit on Friday, March 7, chaired by Crypto and AI Czar David Sacks and Bo Hines, executive director of the President's Working Group on Digital Assets.
President Trump will deliver remarks at the summit, which will include prominent crypto founders, CEOs, and investors as attendees.
The event follows significant market turbulence, with Bitcoin dropping from $110,000 to $80,000, partly attributed to Trump's tariff threats against major trade partners.
Trump's administration has taken pro-crypto actions, including dropping SEC lawsuits against major firms and signing executive orders to establish a working group on digital assets.
The summit is seen as a key moment to clarify the administration's crypto policies and address concerns over the U.S.'s global competitiveness in the digital asset space.