The White House will host the first cryptocurrency summit on March 7, 2025, chaired personally by President Trump. This summit will focus on showcasing the Trump administration's supportive stance towards the cryptocurrency industry and will mark an important step forward for the United States in terms of cryptocurrency policy direction. The summit will invite prominent founders, CEOs, and investors from the cryptocurrency industry, representing the core strength of the cryptocurrency field. Additionally, members of the President's Digital Asset Task Force will also attend, comprising individuals from key government agencies such as the Treasury Department, the Department of Justice, the U.S. Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC).

The summit will be hosted by David Sachs, the White House's AI and Crypto Czar, who is responsible for overseeing the overall direction and pace of the summit. The Executive Director of the Task Force, Bo Haines, will manage the specific operations of the summit.

Since his 2024 campaign, Trump has paid high attention to the cryptocurrency industry and made a series of commitments, including simplifying cryptocurrency regulation, appointing industry-friendly regulators, supporting a stablecoin framework, and even proposing the establishment of a Bitcoin reserve. After taking office, he signed Executive Order 8811274556888112745568 to establish the President’s Digital Asset Task Force, demonstrating the importance he places on the cryptocurrency industry. The holding of this summit is seen as an important measure to fulfill his campaign promises and indicates his administration's commitment to providing a clear regulatory framework for the cryptocurrency industry, promoting innovation while maintaining economic freedom.

The convening of this summit also marks a clear divergence from the previous Biden administration's stance on cryptocurrency policy. Following the collapse of the FTX digital asset exchange and other scandals, the Biden administration took severe regulatory measures against the cryptocurrency industry, while the Trump administration's policy direction brings new development expectations for the cryptocurrency industry.