Since US president Donald Trump and the crypto Czar, David Sacks, have announced plans for the White House to hold a summit featuring industry leaders and policy manufacturers, many are asking what will be the focus of the event.
On March 7, according to the sacks, the “well -known founders, CEOs, and investors from the crypto industry” were meet with members Of the working Trump group in digital ownership in the White House, maybe to discuss crypto and blockchain -related policy issues and a potential regulatory framework. The announcement Preceded by the US president’s intent To include XRP (XRP), Solana (Sol) and Cardano (Ada) in a strategic crypto stockpile explored by the working group.
Among the individuals who confirmed to attend the White House event were Trump, Ripple CEO Brad GarlinghouseStrategy Executive Chairman Michael Saylor, chainlink co-founder Sergey Nazarov, Sacks, and working group executive director Bo Hines.
The Garlinghouse supported the Trump President’s campaign personally and helped lawmakers “Pro-Crypto” through Ripple’s donations to the political action committee Fairshake, leading some to think that other donor-including coinbase CEO Brian Armstrong, gemini co-founders Cameron and tyler Winklevoss Cameron and tyler Winklevoss and Kraken co-founder Jesse Powell-can attend the fall.
Source: Michael Saylor
Since the office in January, Trump and Republican lawmakers have suggested to establish a strategic crypto reserves, ban digital currencies at the central bank, and study a comprehensive framework of digital asset regulation. The US Securities and Exchange Commission under Trump also has Dropped investigations and execution actions against many companies involving digital ownership.
https://www.youtube.com/watch?v=jmqj01_zka8
Crypto rules, EOS and laws under Trump
Some Republican lawmakers in the 119th Congress session have already Moved forward to crypto -related priorities By suggesting competing Stablecoin bills. However, some democratic lawmakers used hearings to paint Trump to launch his own controversial Memecoin in January before school -a project that the team continued to earn millions of dollars from trading bills.
Related: Public Citizen accused Trump of ‘asking’ gifts with memecoin posts
Although many leaders in the crypto industry have testified at Congress hearings, the summit appears to be the first major gathering of digital asset executives in the White House. Former FTX CEO Sam Bankman-Fried has been reported to have been reported identified with the officials At the Biden Administration in 2022.
At the time of publication, there are no further details available about the crypto summit agenda. The cointelegraph reached the White House and Hines for comment but did not receive a response at the time of publication.
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