Trump to Host First-Ever White House Crypto Summit

On March 7, the White House will host its first cryptocurrency summit, chaired by President Donald Trump.

The event will bring together industry leaders, investors, and members of the presidential task force on digital assets, Bloomberg reports, citing a White House statement.

The summit is organized by businessman David Sacks, with Bo Hines, executive director of the task force, overseeing administration. The main focus will be developing a clear regulatory framework for crypto investors.

Upon taking office, Trump signed an executive order establishing a digital assets task force, including representatives from the Treasury Department, Department of Justice, SEC, and CFTC. Their role is to advise the White House on crypto policy and assess the feasibility of a government-backed crypto fund.

During the 2024 campaign, Trump—once a crypto skeptic—reversed his stance, vowing to ease regulations and reduce oversight on the industry. While no concrete policies have been implemented yet, the summit signals a major shift in the administration’s approach to digital assets.

Notably, Trump himself has launched a memecoin and endorsed his sons’ crypto project, World Liberty Financial.

The administration will be working towards providing a clear regulatory framework for crypto investors while protecting economic liberty, the White House statement reads.