Enhancement of Legitimacy and Regulatory Clarity of #白宫首届加密货币峰会

If the summit sends a signal that the U.S. government will implement reasonable regulations on the cryptocurrency industry and recognize its legal status, it will boost market confidence. For example, a clear regulatory framework can reduce uncertainty in the industry, making institutional investors more willing to enter the Bitcoin market, thereby driving up prices.

Increased Mainstream Acceptance

The White House's participation in such summits indicates the government's emphasis on the emerging field of cryptocurrency. This may prompt more traditional financial institutions, companies, and investors to reassess Bitcoin, increasing demand for it. For instance, some large financial institutions that were previously on the sidelines may start to allocate Bitcoin assets after observing a positive attitude from the government level, which in turn could drive prices up.