President Donald Trump is set to host the inaugural cryptocurrency summit at the White House next Friday. This event marks a significant step in his administration’s engagement with the crypto industry.
What Happened: The summit will feature speeches from Trump and include key figures such as founders, CEOs, and investors from the cryptocurrency sector, along with members of the president’s Working Group on Digital Assets, according to a statement from the White House.
David Sacks, a venture capitalist and the White House’s crypto czar, will lead the event, with Bo Hines serving as the executive director.
Shortly after assuming office, Trump signed an executive order establishing a working group to advise on digital asset policy.
This group comprises the Treasury and Justice Departments, the Securities & Exchange Commission (SEC,) and the Commodity Futures Trading Commission (CFTC.)
During his 2024 campaign, …