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Jakarta, Pintu News – On Friday, March 7, the White House will host the highly anticipated Crypto Summit, led by President Donald Trump as part of his digital innovation initiative.
The summit will gather industry leaders, investors, and policymakers to discuss the future of digital assets.
Check out more information below!
According to Coingape, one confirmed participant is JP Richardson, CEO of Exodus, a leading provider of standalone crypto wallets. Exodus has enabled users to manage their digital assets securely for years without relying on third parties.
Another notable figure attending is Michael Saylor, Executive Chairman of Strategy, known for his aggressive Bitcoin (BTC) investments. In addition, Matt Huang, co-founder of Paradigm, also announced his presence at the summit via the X platform.
Paradigm is a crypto investment firm that funds innovative blockchain projects and is important in supporting the development of decentralized finance (DeFi) and blockchain infrastructure.
Also read: Alexis Ohanian Plans to Transform TikTok with Blockchain Technology, What Will It Be?
According to the White House, the summit’s main objective was to formulate a clear regulatory framework for digital assets while encouraging innovation and economic growth. The Trump Administration is pushing for policy changes that support digital assets and emphasizes the importance of regulatory clarity and industry-friendly policies.
David Sacks, who leads the White House initiative on AI and cryptocurrency, will chair the summit. Bo Hines, Executive Director of the President’s Working Group on Digital Assets, will manage the crypto summit.
In addition, the summit aims to support self-storage, promote blockchain development, and position the US as a global leader in digital finance.
Also read: El Salvador Adds 1 BTC to State Reserves Amid Deal with IMF!
Outside of the crypto summit, the SEC has softened its stance on crypto enforcement under this new administration. For example, a lawsuit against Kraken, Coinbase, Uniswap, and Consensys has been dropped.
The security agency’s latest move shows a shift from crackdowns to structured engagement, which is part of President Trump’s plan to see the cryptocurrency market in the US flourish.
These changes in the regulatory environment, along with the upcoming discussions at the White House Crypto Summit, can potentially reshape the future of the digital asset industry in the US.
The White House Crypto Summit is pivotal in cryptocurrency regulation and adoption in the United States. With the presence of key figures and in-depth discussions, the summit’s outcome is expected to bring about significant changes in the way digital assets are viewed and policies in the future.
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