In a groundbreaking move, President Trump is set to host the first-ever White House Crypto Summit on March 7, marking a significant milestone in the United States’ evolving relationship with cryptocurrency.
The announcement, made via a White House statement on Friday evening, underscores Trump’s growing commitment to fostering a thriving digital asset ecosystem—a sharp pivot from his earlier skepticism toward the industry.
The summit will bring together a high-profile lineup of attendees, including leading founders, CEOs, and investors from the cryptocurrency sector, alongside key members of the President’s Working Group on Digital Assets.
President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt
— David Sacks (@davidsacks47) March 1, 2025
Trump himself will deliver remarks at the event, emphasising his administration’s vision for positioning the U.S. as a global leader in digital financial technology. The gathering will be chaired by David Sacks, the newly appointed White House AI and Crypto Czar, with Bo Hines, Executive Director of the Working Group, overseeing its administration.
This event follows Trump’s recent executive order, signed shortly after his inauguration, which outlined a policy to “support the responsible growth and use of digital assets” across various economic sectors.
The White House has framed this initiative as a direct response to what it calls the Biden administration’s “unfair prosecution” of the crypto space, accusing the previous leadership of stifling innovation through heavy-handed regulations.
Trump’s team promises a “new era” for digital finance, one that prioritizes clear regulatory frameworks, encourages innovation, and safeguards economic freedom.
The timing of the summit is notable, coming on the heels of a pre-inauguration “Crypto Ball” in Washington, D.C., where Trump mingled with investors and crypto enthusiasts. That event hinted at his newfound embrace of the industry—an about-face from his first term, when he even dismissed cryptocurrencies like Bitcoin as a “scam.”
Now Trump appears poised to cement his legacy as a champion of digital assets, aligning with his campaign rhetoric of making America the “crypto capital of the planet.”
While the agenda remains under wraps, it is believed discussions will centre on critical issues such as regulatory clarity, the potential creation of a national Bitcoin reserve, and the role of stablecoins in the financial system.
The inclusion of the President’s Working Group on Digital Assets—established via Trump’s executive order—signals a coordinated effort to involve federal agencies in shaping crypto policy, a departure from the fragmented approach of past administrations.
Critics of Biden’s tenure often point to his veto of legislation that would have allowed banks to custody Bitcoin, a move seen as a setback for mainstream adoption. In contrast, Trump’s administration seems intent on reversing such obstacles, with the White House summit serving as a public declaration of intent.
The presence of industry titans alongside government officials suggests a collaborative push to bridge the gap between innovation and oversight.
As the cryptocurrency landscape continues to evolve, the March 7 event could set the tone for U.S. policy over the next four years. For Trump, it’s an opportunity to deliver on campaign promises and further distance his leadership from the previous regime.
For the crypto community, it’s a chance to gain unprecedented access to the highest levels of government—an acknowledgment of the industry’s growing influence.
Over the past month, the cryptocurrency market has experienced significant turbulence. Bitcoin and other major digital currencies have seen sharp declines, with Bitcoin dropping around 6% and losing nearly 12% in value early in the week, erasing much of the gains spurred by Trump’s election win and inauguration hype.
Sentiment has soured due to market corrections as well as hacks, including a $1.4-1.5 billion ETH hack on the ByBit exchange. Some crypto coins are reportedly down 80-90%, leading to mass withdrawals and a loss of trust among investors.
Could this be the injection of positivity that the crypto universe needs right now to reach new milestones?
Behind every #BTC pump, there is a Trump factor.
— Coin Signals (@CoinSignals_) March 2, 2025
NOV: Trump wins → +44% in 21 days
DEC: Trump's BTC reserve promise → +22% in 12 days
JAN: Inauguration Day & $TUMP memecoin → +22% in 7 days
MARCH: Trump's Crypto Summit & BTC reserve progress by states.
🧵 pic.twitter.com/gtvfoEiU6x
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