A Friday press release shows that Donald Trump will host the first-ever crypto summit in the White House, further deepening his ties with the industry.

Prominent FOX Business journalist Eleanor Terrett confirmed this development, marking a new dispensation for cryptocurrency and blockchain technology in the United States. Terrett’s X post stated that the maiden White House congregation would happen on Friday, March 7.

Notably, Donald Trump will preside over and deliver remarks at the pro-crypto gathering, a showing of his commitment to the digital asset industry. Also, key industry players, including CEOs, prominent crypto founders, and the White House crypto working group, will attend.

Donald Trump to Host Industry Leaders

In his first week in office, Trump signed an executive order to make America the crypto capital of the world. While he has delivered some of his campaign promises to the nascent industry, the March 7 gathering further stomps his renewed commitment to seeing the sector thrive in the United States.

The White House crypto summit is the first of its kind and will draw the crypto industry closer to the presidency. Trump’s crypto and AI czar, David Sacks, and the working group executive director, Bo Hines, will also lead the star-studded gathering.

Meanwhile, the summit’s theme was unannounced, leaving the community to speculate. Nonetheless, industry enthusiasts expect crucial discussions on crypto regulation, institutional adoption, stablecoins, and the creation of a US Bitcoin stockpile.
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