The White House announced that it plans to host the first Cryptocurrency Summit on March 7, where US President Donald Trump will attend and deliver a speech.
The summit will bring together leading founders, CEOs, and investors in the crypto industry, as well as members of the President’s Digital Assets Task Force. The event will be chaired by White House Artificial Intelligence and Cryptocurrency Chief David Sacks and moderated by the task force’s Executive Director Bo Hines.
This historic summit is expected to address important issues surrounding digital assets, regulatory policies, and the role of cryptocurrencies in the U.S. economy.
Donald Trump promised a Bitcoin Strategic Reserve before he was elected President. Later studies have shown that this has been updated to a Bitcoin stockpile that does not require purchasing more BTC.
Although cryptocurrencies have been on a bullish trajectory since Donald Trump was elected President, the potential inflationary pressures of tariffs planned to be imposed by Trump have resulted in major pullbacks, especially in riskier assets.
*This is not investment advice.
