Donald Trump is set to make history as the first sitting U.S. president to speak at a cryptocurrency conference.
According to Blockworks, he will deliver a speech at their Digital Asset Summit in New York on March 20, marking a significant moment for the crypto industry.
Trump’s participation highlights a stark contrast to the regulatory crackdown seen under former President Joe Biden, during which federal agencies initiated over 100 enforcement actions against crypto firms. His appearance signals a more favorable stance toward digital assets, a shift that could influence the industry’s regulatory landscape.
Blockworks co-founder Jason Yanowitz reflected on how far the industry has come, noting that when the company first launched, even attracting banking professionals to its events was a challenge. Now, with 2,500 institutional participants expected at the summit, a sitting president addressing the audience is a testament to crypto’s growing influence.
Trump will not be attending in person but will deliver a recorded video speech at 10:40 AM, according to Fox Business reporter Eleanor Terrett. His remarks are expected to address key issues surrounding the digital asset space, potentially shaping future discussions on crypto regulation and adoption.
A well-known crypto analyst believes a major shift could bring a wave of new investors into digital assets.
Toncoin (TON), a layer-1 blockchain project, has secured over $400 million in funding from venture capital firms, according to its development team.
Tether, the issuer behind the popular USDT stablecoin, is reportedly in talks with a top accounting firm to initiate a comprehensive audit of its asset reserves to confirm the 1:1 backing of its tokens.
Germany’s financial regulator, BaFin, has intervened to stop Ethena GmbH, a subsidiary of the Frankfurt-based Ethena Labs, from offering its USD-pegged stablecoin, USDe, to the public.