Outside Source
The White House Crypto Summit brings top industry leaders together as President Trump’s Bitcoin reserve plans spark debate over the future of crypto policy in the US.
Analysis
Crypto business leaders and US government officials are set to meet at the White House Crypto Summit on March 7, a high-profile event that follows President Donald Trump’s executive order to establish a strategic Bitcoin (BTC) reserve and national digital asset stockpile.
The event — the agenda of which is not yet public — will feature prominent figures from the crypto industry, including Strategy executive chairman Michael Saylor, Coinbase CEO Brian Armstrong and White House AI and Crypto Czar David Sacks.
The Trump administration has moved quickly on a number of pro-crypto policies, vowing to position the US as a global leader in digital assets, but some industry observers remain skeptical about the event’s impact on regulatory clarity and policy direction.
Confirmed and unconfirmed attendees of the March 7 White House Crypto Summit. Source: Cointelegraph
White House Crypto Summit: Historical moment or “nothingburger”?
Since taking office, Trump has delivered on a number of promises he made to the crypto industry on the campaign trail.
During his campaign, Trump pledged to make the US a leader in the cryptocurrency industry, vowing to dominate other nations in Bitcoin mining with “all the remaining Bitcoin to be MADE IN THE USA!!!”
When the summit was announced, advertising executive Marc Beckman told Fox and Friends:
“This is historic. […] He said that he wanted to make the United States the center of the cryptocurrency universe, to take the lead in the world, and he’s doing it.”
Chainlink co-founder Sergey Nazarov, who is attending the event, told Bloomberg on March 6 that he expects the crypto summit to focus on strengthening US leadership in the digital asset industry:
“From what I can tell about the administration’s goals and David Sack’s statements, […] I think the general direction is, how do you create a level of leadership from the United States in the Web3 economy, and how does the US financial system, as it transitions into a Web3, blockchain-powered format, […] remain the dominant leading financial system in the global system?”
This article first appeared at Cointelegraph.com News
