Crypto Summit in the White House: The United States is negotiating this

Next Friday, March 7th, the US government organized the first White House Crypto Summit -The announced crypto-zar David Sacks recently about X. At the meeting, incumbent from politics consultants in order to create a consensus about the future of the crypto industry in the USA.

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

According to a press release from the White House, it seems primarily to go through the future crypto law of the United States. In it you also criticize the bidet government, which served from 2021 to 2025. So it says there:

“After the prior administration unjustly pursued the crypto industry, President Trump's presentation presents a new era for digital financial technology. The government undertakes to create a clear legal framework to enable innovations and to protect economic freedom.”

The meeting is subject to the board of the crypto-tsar David Sacks. In addition, the crypto working group of the White House is involved. According to the press release, the guests include prominent founders, managing directors of important companies and investors, all of whom are rooted in the crypto industry.

Stablecoin regulation of the USA may also be a topic of conversation. Jeremy Allaire, founder of Circle, would like to impose worldwide rules on the editors of stablecoins, like from one Report from Bloomberg emerges.

Circle is familiar with the topic as the editor of the second largest stable coin USDC. According to its own statement, Allaire wants to create more protection for consumers. Paolo ArdoinoHead of the largest circle competitor Tether, however, sees this as a direct attack on his company.

USA produce a specific plan for crypto reserve?

Since the weekend it has been certain that sooner or later the United States Crypto reserve under Donald Trump be established. Trump made a personal decision and gave a starting signal for the concept by decree.

First, the US President mentioned that the reserve XRP, Solana And Cardano should contain-three well-known cryptocurrencies developed by large US companies.

Later he added that too Bitcoin and Ethereum as well as “other valuable cryptocurrencies” should become part of the reserve. There are no more detailed details.

It is conceivable that concrete plans for the US crypto reserve are also created during the Crypto Summit. If you believe an assessment of the known course analysts Daan Cryptohowever, the US authorities should not publicly announce their decisions.

In this way, the authorities could avoid market reactions and take the wind out of their sails to investors. Already after Trump's announcement at the weekend, some cryptos at times rushed up enormously.

“I would be surprised if you actually published a plan for your investments. (…) That would basically lead to Frontrunning and would not be a clever move,” wrote Daan.

Nevertheless, the macroeconomic location indicates an approaching bull market, believes Cardano founder Charles Hoskinson. A few days ago, he predicted a giga bullrun to the cryptom market. State adoption should play an important role in this.

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