White House to host first Crypto summit
The White House is set to welcome professionals in the cryptocurrency industry on March 7 for a first-of-its-kind summit.
“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 Office of Communications said in a Friday announcement.
“The Summit will be chaired by the White House A.I. & Crypto Czar David Sacks, and administered by the Working Group’s Executive Director Bo Hines.”
One of President Trump’s first executive orders signed during his second term stated his administration would aim to “support the responsible growth and use of digital assets, blockchain technology, and related technologies across all sectors of the economy.”
Trump has pledged to make the U.S. the “crypto-capital” of the world after his family embarked on a business venture in digital currency, earning Eric Trump a keynote address at Bitcoin Mena 2024 in Abu Dhabi.
Will this summit bring bitcoin back on its track? Your thoughts?