Trump to speak at first crypto summit as industry quarrels over policy
The summit’s agenda has not been released, but the crypto stockpile and stablecoin legislation are likely to take center stage
President Trump | Joshua Sukoff/Shutterstock modified by Blockworks
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If you unplugged over the weekend, you probably missed some major updates on the crypto front.
Here’s the 411 on the other big news from the White House we got over the weekend:
Trump’s AI and crypto czar will be hosting the first-ever “crypto summit” on March 7.
“Attendees will include prominent founders, CEOs and investors from the crypto industry, as well as members of the President’s Working Group on Digital Assets,” the White House said in a statement late last Friday evening.
The president will deliver remarks, it added.
As a reminder, the Working Group, also chaired by Sacks, includes SEC Chair Mark Uyeda and Treasury Secretary Scott Bessent.
The summit’s agenda has not been released, but we can imagine the crypto stockpile and stablecoin legislation will take center stage.
Both the newly announced stockpile and various stablecoin bills in Congress have highlighted tension between crypto companies and high-profile industry members.
Those pushing for a bitcoin-only reserve were disappointed to learn that Trump plans to include four additional tokens, and we’ve written before about how US-based stablecoin issuers may be hoping to lock in advantages by lobbying for forthcoming stablecoin laws.
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