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Trump to Host First Crypto Roundtable at White House Next Week.

crypto :: 2025-03-03 :: source - coindesk

By Nikhilesh De

U.S. President Donald Trump will host a crypto summit on March 7, the White House announced.

Sen. John Boozman, David Sacks, Sen. Tim Scott and Rep. French Hill / Coindesk

White House Crypto and AI Czar David Sacks and Bo Hines, the executive director of a working group on digital assets, will run the meeting, though Trump will speak at the summit, a late Friday press release said.

Related read: Donald Trump Names XRP, SOL, ADA, BTC and ETH as Part of U.S. Crypto Reserve

"Attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President's Working Group on Digital Assets," the release said.

The summit will come just about a month after Sacks, alongside congressional leaders, gave his first public remarks as Trump's crypto czar.

"We want to keep that innovation onshore in the U.S.," he said at the Feb. 4 press conference. "Financial assets are destined to become digital, just like every analog industry has become digital, and we want that value creation to happen in the United States, rather than giving it away to other countries."

The White House did not name the summit's other attendees.

Friday's announcement ends a busy week for the crypto industry. Earlier in the day, a federal judge signed off on the Securities and Exchange Commission's motion to withdraw its case against Coinbase.

Related read: ADA Rockets 60%, XRP Up 25% on Trump's Reserve Plans, But Traders Aren’t Fully Bullish Yet

Joe Lubin, the CEO of Ethereum incubator ConsenSys, and Cameron Winklevoss, the co-founder of exchange Gemini, both said earlier in the week that the SEC informed their respective companies that it would shutter its investigations into those firms.

The SEC also filed to pause its case against the Tron Foundation and founder Justin Sun.

"After the previous administration unfairly prosecuted the digital asset space, President Trump's policy vision represents a new era for digital financial technology," the press release said. "The administration is committed to providing a clear regulatory framework, enabling innovation and protecting economic liberty."

Source: Coindesk


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