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 a 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.
SWIFT has launched a new blockchain-based ledger pilot with 17 major banks to test how tokenized deposits can move across…
Sony Bank, the banking arm of Sony Financial Group, has received conditional approval from the Office of the Comptroller…
PayPal has expanded its stablecoin strategy by launching PayPal USD (PYUSD) natively on the Polygon blockchain, giving businesses direct access…
BONK, one of Solana's most recognizable memecoins, is facing a major governance crisis after an…
World, the blockchain ecosystem co-founded by Sam Altman, is shifting its prediction market infrastructure from Solana to the…
BNB Chain has revealed plans to build a brand-new Layer 1 blockchain specifically designed for the next generation…