On March 7, 2023, the White House held its first cryptocurrency summit, led by the Trump administration, which pushed for a policy shift and released multiple positive signals. The core content of the meeting included: the Treasury Department revoking old tax regulations on Bitcoin, the Office of the Comptroller of the Currency (OCC) allowing banks to custody digital assets and issue stablecoins, and the repeal of the Biden-era 'Chokepoint 2.0' banking blockade policy; Trump proposed the term 'digital assets' to replace 'cryptocurrency', planning to include Bitcoin, Ethereum, and others in the national strategic reserve, and pushing Congress to pass stablecoin legislation before August. The market reacted sharply, with Bitcoin briefly breaking through $85,000, but then selling off due to vague policy details, causing tokens like Solana and XRP to plummet. The summit exposed risks related to the intertwining of political and business interests, such as the Trump family's involvement in crypto projects and the 'revolving door' phenomenon between policymakers and capital players. Future regulatory frameworks, the compliance of stablecoins, and the integration of the crypto industry with mainstream finance will become focal points.