White House Crypto Summit: What to Expect From David Sacks, Donald Trump?
Highlights
- White House Crypto Summit on March 7 will have industry leaders, including CEOs, investors, and government officials.
- President Trump will likely outline his administration's pro-crypto agenda, emphasizing the healthy growth.
- The administration aims to replace prior adversarial approaches with clear regulatory frameworks.
- Crypto Czar David Sacks has confirmed significant U.S. crypto policy announcements are imminent.
On March 7, US President Donald Trump will be attending the first ever White House Crypto Summit along with attendance from top industry leaders, and chaired crypto czar David Sacks and advisor Bo Hines. The major agenda of the summit is to address the infrastructure and regulatory challenges faced by the crypto industry while encouraging innovation in this space.
What to Expect from First Crypto Summit?
The official White House press release shows that President Donald Trump will deliver remarks at the first-ever White House Crypto Summit, set to take place on Friday, March 7. Chaired by David Sachs, the White House’s “Crypto Czar” and hosted by Bo Hines, the group’s Executive Director, the event will have crypto leads coming together including founders, CEOs, investors, and members of the President’s Digital Asset Working Group.
As America’s First Crypto President, Donald Trump will set the tone for his policy approach with Executive Order 14178. The order states that the Trump administration would prioritize “the healthy growth and use of digital assets in all sectors of the economy”.
Furthermore, as opposed to the previous regulatory challenges faced by the cryptocurrency industry, the Trump administration will introduce clear frameworks, encourage innovation, and uphold economic freedom.
Will Working Group, David Sacks Push Crypto Policy Ahead?
The digital assets working group includes the US Treasury, the Justice Department, the U.S. Securities and Exchange Commission (SEC), and the Commodity Futures Trading Commission (CFTC).
Earlier this week, the US SEC dropped lawsuits against crypto exchange Gemini, and has delayed decisions in the Binance lawsuit for 60 days, as the securities regulatory agency is working on a crypto task force. The Crypto Summit next week will probably offer greater insights into the crypto task force’s working under the leadership of Hester Peirce and key initiatives that are ahead of schedule.
Earlier this month, crypto czar David Sacks confirmed that significant announcements regarding U.S. cryptocurrency policy are on the horizon. In preparation, the inter-agency Digital Asset Working Group has intensified its efforts, collaborating closely with the SEC and CFTC on joint initiatives.
During a press conference, Crypto Czar David Sacks announced that his team is actively exploring the creation of a Bitcoin Reserve. Sacks stated that this initiative is among the top priorities being evaluated by the administration’s internal digital asset working group.
- Crypto Stakeholders Push Back as Banks Seek Yield Ban Provision in CLARITY Act
- Crypto ETFs Approval Faces Uncertainty as Government Shutdown Looms, Bloomberg Analyst Says
- Fed’s Hammack Backs Restrictive Policy Over Rate Cuts Amid Inflation Concerns
- Fed Governor Chris Waller Champions Stablecoins as a Tool for Cheaper Global Payments
- LBank Celebrates 10 Years With Bold Achievements and Global Expansion
- Bitcoin Price Set to Rebound Ahead of US Government Shutdown, NFP Data
- XRP Price Prediction: How XRP Could React After October 2025 SEC ETF Decisions
- Aster Price Prediction as US President Adds $110M Worth of Tokens to His Portfolio
- Pepe Coin Price Bounce Likely as Support Zone Aligns With Rising Social Activity
- Solana Price Set for Recovery Amid Wyckoff Accumulation and Canary Capital ETF Filing
- Avalanche Price Could Surge to $50 as Transactions Jump 200%
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
