On March 7, 2025, U.S. President Donald Trump hosted a historic summit on digital currencies at the White House, bringing together leading industry figures to discuss the future of digital assets and the role of the United States in this growing sector.
The summit was attended by the President's advisor on artificial intelligence and cryptocurrencies, David Sachs, along with officials from the U.S. Department of the Treasury and the Federal Reserve.
This summit comes at a sensitive time, as the Trump administration seeks to provide a new regulatory environment that fosters investment and innovation in cryptocurrencies. In an unprecedented move, President Trump signed an executive order on March 6, 2025, to create a "Strategic Reserve of Bitcoin," comprising about 200,000 Bitcoins (equivalent to $17.5 billion at current market prices), acquired through previous legal seizures.
This summit represents a shift in Trump's policies towards digital currencies, as he has transitioned from being a strong critic during his first presidential term to becoming one of their prominent supporters in his current term. In addition to establishing the strategic Bitcoin reserve, Trump appointed Paul Atkins, a leading advocate for digital currencies, as the head of the regulatory agency for financial markets.
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