Trump to host first White House crypto summit on March 7

US President Donald Trump will host the first encryption summit in the White House on March 7, gathering industry leaders to discuss organizational policies, control of Stoplenewin, and the potential role of Bitcoin in the American financial system.

The attendees will include “prominent founders, executives and investors from the encryption industry”, as well as members of the working group in digital assets, according to a joint announcement between the White House “AI and Crypto CZAR”, David Sacks, on March 1 x mail.

The summit will be chaired by bags and run by Bo Heins, CEO of the Labor Group.

Sacks Crypto was appointed to the White House, AI and CZAR on December 6, 2024, “to work on a legal framework, so the encryption industry has the clarity that it requires, and can flourish in the United States,” Trump wrote in the advertisement.

Trump added that part of the role of the bags is “protecting” online speech and “directing us away from the great technological bias and control.”

Trump has already indicated that he intends to make the encryption policy a national priority and make the United States a global center to innovate Blockchain. The upcoming summit may determine the tone of encryption regulations over the next four years.

Joe Doll, General Adviser to the NFT MAGIC EDEN market, said in an interview.

According to dolls, the threat of grilled government can suffocate regulations, and the current administration must push policies to cry with control over both the two congressional rooms.

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Stablecoin, bitcoin reserve organization still focus

Although there are no additional details about the summit agenda, the organization and legislation of Stablecoin related to potential Bitcoin Reserves (BTC) was at the forefront of organizational discussions in the United States.

The White House's announcement came days after Jeremy Aller, co -founder of Serkel, the company behind the second largest Stablecoin in the world, said that STABLECOIN sources around the world should be asked to register with the American authorities.

Quoting the protection of consumers, Allaire argued that exporters at Stablecoin in the US dollar should not get a “free pass”, which enables them to “ignore American law and go to do what he wants against and selling hell in the United States.” Alere said Bloomberg:

“Whether you are an external company or its headquarters in Hong Kong, if you want to introduce the US dollar in the United States, you must need to register in the United States just as we have to go to register elsewhere.”

The upcoming summit may shed more light on the upcoming Stablecoin legislation, taking into account the previously mentioned bags that Stablecoins can “extend the dominance of the dollar internationally.”

Related to: “Most of Altcoins will not make it,” says Cryptoquant CEO.

Attention to the US -based Bitcoin strategic reserves in a rise. So far, at least 24 states have introduced legislation related to a possible bitcoin reserve, Bitcoinlaws Data appears.

However, Bitcoin reserve initiatives may not represent the state level a pivotal moment for Bitcoin; It is just a “symbolic step” unless a large purchase is announced, according to Iliya Kalchev, Nexo's transmission analyst.

“Unless the session reveals a short -term purchase plan or a major shift in politics, the market's response is likely to be moderate, as Texas's position supporters is already known,” he said as a Chouf for Cointelegraph.

The average number of revenues exceeded 1077 % over the past five years, indicating the profitable capabilities of the long -term reservation strategy.

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