Former US President Donald Trump to Speak at Blockworks' Digital Asset Summit

His speech will mark the first time a sitting US president has ever spoken at a cryptocurrency conference

United States President Donald Trump will reportedly speak at Blockworks’ Digital Asset Summit in New York on March 20, according to a report by CC XV.

Trump’s speech at the event will mark the first time a sitting US president has ever spoken at a cryptocurrency conference, Blockworks said in a March 19 announcement.

Trump’s presence at the event highlights his strong support for an industry that, during former US president Joe Biden’s administration, was targeted by over 100 enforcement actions from federal regulators.

“When we started Blockworks we could barely get someone from a bank to attend an event, now we have a sitting US President addressing 2,500 institutional participants at the Blockworks Digital Asset Summit, ” one of Blockworks co-founders, Jason Yanowitz, said in a March 19 post on the X platform.

“It is incredible how far this industry has come. This is going to be interesting.

According to a report by CC XV, Trump’s speech at the event will mark the first time a sitting US president has ever spoken at a cryptocurrency conference.

The report also notes that Trump’s presence at the event highlights his strong support for an industry that, during former US president Joe Biden’s administration, was targeted by over 100 enforcement actions from federal regulators.

Highlighting the changing political fortunes of the crypto industry, one of Blockworks co-founders, Jason Yanowitz, took to X to comment on the shift in attendance at the firm’s events.

“When we started Blockworks we could barely get someone from a bank to attend an event, now we have a sitting US President addressing 2,500 institutional participants at the Blockworks Digital Asset Summit, ” Yanowitz said.

“It is incredible how far this industry has come. This is going to be interesting.”

According to Fox Business reporter Eleanor Terrett, Blockworks has confirmed that Trump will be addressing attendees via a video recording at 10:40 am.

During his 2024 presidential campaign, Trump spoke at the Bitcoin 2024 conference in Nashville, Tennessee, where he promised to make America the “world’s crypto capital” and hinted at plans to form a national Bitcoin (BTC) reserve.

Since starting his presidential term on Jan. 20, Trump has instructed regulatory bodies to accommodate digital assets, forming a White House crypto advisory team, and creating a US Strategic Bitcoin Reserve and Digital Asset Stockpile. He has also nominated pro-industry leadership to key regulatory posts, including at the US Securities and Exchange Commission (SEC) and Treasury Department.

Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, spoke at the Digital Asset Summit earlier this week.

On March 19, Brad Garlinghouse, CEO of Ripple Labs, announced that the SEC was dropping its years-long enforcement action against the blockchain developer while at the Summit.

Since Trump took office, the agency has also dropped charges against other crypto firms — including Coinbase, Kraken and Uniswap — for allegedly violating securities laws.

Blockworks did not specify the topics that Trump planned to cover during his speech, which it said would take place Thursday morning.

Representatives of the White House and Hines did not immediately reply to request for comment.

Crypto industry executives told that they are hoping Trump will provide more detailed regulatory clarity on topics such as stablecoin regulation and taxes.