$USDC 【White House's First Crypto Summit: The Game of Policy Momentum and Market Reality】

On March 7, the first crypto summit hosted by Trump came to a close. This meeting, touted as an "industry milestone," sparked controversy due to a lack of substantive policies. Trump boldly declared that the U.S. will adhere to the golden rule of "never selling Bitcoin" and will incorporate seized Bitcoins into its strategic reserves. However, the government's expected plans for increasing holdings and capital gains tax exemptions were not fulfilled, leading to a drop in Bitcoin's value on that day.

The summit gathered industry giants like Coinbase and MicroStrategy, as well as representatives from regulatory agencies, with topics covering regulatory frameworks, stablecoin legislation, and technological innovation. However, the core contradictions remain unresolved—the SEC's deadlock on token classification and the regulatory vacuum in DeFi are still pending. Although Trump attempted to consolidate political capital with "crypto hegemony," the industry needs clear rules rather than slogans. As experts warn: "When crypto becomes a political tool, its fate becomes deeply intertwined with the power game."