U.S. Regulation

The White House to Host First Ever Crypto Summit, Including Founders From Coinbase, Chainlink & Ripple

The White House is set to welcome professionals in the cryptocy 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 cy, earning Eric Trump keynote address at Bitcoin MENA 2024 in Abu Dhabi.” You’re going to have the most pro-crypto president in the history of America,” Eric Trump said to the audience.

Vice President Vance is now set to give similar remarks at a16z’s American Dynamism Summit in Washington next month, making Republicans a leading voice in the industry.  The Office of Communications announcement of the White House summit said the administration will be working toward providing a clear regulatory framework for crypto investors while protecting economic liberty.

Terron Gold

Recent Posts

Senator Murphy Alleges White House Insiders Profited From Iran Strike Bets, Pushes to Ban Prediction Markets on Government Actions

U.S. Senator Chris Murphy (D-Conn.) is calling for legislation to ban prediction markets that allow traders to bet…

2 days ago

IRS Proposes Electronic-Only Delivery For Crypto Tax Forms Under New Reporting Rules

The U.S. Internal Revenue Service (IRS) has proposed a new rule that would allow cryptocy brokers to deliver…

2 days ago

Crypto-Friendly Fintech Revolut Files For U.S. Banking License to Expand Crypto and Payments Services

Global fintech powerhouse Revolut has filed an application for a U.S. banking license, a move that would allow…

2 days ago

Suspect Arrested on Caribbean Island of Saint Martin in $46M Seized Crypto Theft Case

A man accused of stealing tens of millions of dollars in cryptocy from U.S. government…

2 days ago

NYSE Parent ICE Invests in Crypto Exchange OKX at $25B Valuation Amid Tokenized Stocks Push

Intercontinental Exchange (ICE) — the parent company of the New York Stock Exchange — has taken a strategic…

2 days ago

AI Models Favor Bitcoin as a Store of Value, Stablecoins for Payments, BPI Study Finds

A new study from the Bitcoin Policy Institute (BPI) found that leading artificial intelligence models overwhelmingly favor Bitcoin…

2 days ago