The White House is set to host its first-ever cryptocurrency summit on March 7, with former President Donald Trump leading the event.
This gathering will bring together key figures in the digital asset space, including top executives, investors, and policymakers, alongside members of the administration’s Digital Asset Task Force.
Overseeing the summit is David Sacks, who serves as the administration’s lead on AI and crypto policy, with Bo Hines managing the event’s logistics. According to an official statement, the discussion will center on fostering innovation in the digital finance sector while ensuring its continued role in the U.S. economy.
This initiative follows recent remarks from Sacks and Congressional leaders, emphasizing the importance of maintaining U.S. dominance in global financial technology. Trump is expected to use his speech to reinforce the administration’s commitment to clear regulations that encourage growth while protecting economic stability.
The summit also comes at a pivotal time for the crypto industry. A federal judge recently approved the SEC’s decision to drop its case against Coinbase, a move seen as a positive shift for the sector. The SEC has also closed investigations into Ethereum incubator ConsenSys and Gemini co-founder Cameron Winklevoss, while withdrawing cases against Tron, Robinhood, and OpenSea.
As Washington’s involvement in digital assets grows, industry leaders are looking to this event for signals on the future of U.S. crypto regulation. With key decisions ahead, all eyes are on how policymakers and executives will shape the next chapter of the industry.
As global sanctions continue to isolate Russia from traditional financial networks, the country’s top financial bodies — the Central Bank and the Ministry of Finance — are preparing to launch a government-backed cryptocurrency exchange.
Following the April 14 exploit that disrupted operations, KiloEx has revealed a compensation plan for impacted users. The plan covers three core groups: traders, Hybrid Vault stakers, and VIP users.
Ripple Labs quietly emerged as one of the largest financial backers of Donald Trump’s presidential inauguration, contributing nearly $5 million just months before federal regulators began softening their stance toward the company.
Amid rising regulatory pressure and political uncertainty in South Korea’s crypto sector, Bithumb is restructuring its business in a strategic move ahead of a planned IPO.