Trump Will Host Crypto Summit at the White House Next Friday

U.S. President Donald Trump will host a crypto summit on March 7, the White House announced. White House Crypto and AI Czar David Sacks and Bo Hines, the executive director of a working group on digital assets, will run the meeting, though Trump will speak at the summit, a late Friday press release said. “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 release said.

The summit will come just about a month after Sacks, alongside congressional leaders, gave his first public remarks as Trump’s crypto czar.  “We want to keep that innovation onshore in the U.S.,” he said at the Feb. 4 press conference. “Financial assets are destined to become digital, just like every analog industry has become digital, and we want that value creation to happen in the United States, rather than giving it away to other countries.”The White House did not name the summit’s other attendees. Friday’s announcement ends a busy week for the crypto industry. Earlier in the day, a federal judge signed off on the Securities and Exchange Commission’s motion to withdraw its case against Coinbase.