The White House's first cryptocurrency summit, running 1:30 PM to 5:30 PM EST on March 7th, will feature industry leaders and aims to clarify US cryptocurrency regulation.
The Time and Duration of the White House's First Cryptocurrency Summit Announced
Recently, the much-anticipated time arrangements for the White House's first cryptocurrency summit have officially come to light. According to Eleanor Terrett, a reporter from Fox Business News, based on the invitation email for the White House's first cryptocurrency summit, this significant conference will commence at 1:30 p.m. on March 7 and last until 5:30 p.m. (corresponding to 2:30 a.m. to 6:30 a.m. on Saturday, March 8, Beijing time). However, apart from the clear time and location, the invitation email did not disclose other more detailed information.
As early as February 28, the White House had announced that Trump would personally preside over and deliver an important speech at the first White House cryptocurrency summit on March 7. At that time, the lineup of participants will be strong, including not only renowned founders, CEOs, and investors in the cryptocurrency industry but also members of the President's Digital Asset Working Group. The summit will be chaired by David Sacks, the White House Commissioner for Artificial Intelligence and Cryptocurrency, and managed by Bo Hines, the executive director of the working group.
It is understood that executives from numerous cryptocurrency companies such as Coinbase, Chainlink, Exodus, and Strategy are among the invited. Currently, Brian Armstrong, CEO of Coinbase, Sergey Nazarov, co-founder of Chainlink Labs, J.P. Richardson, CEO of Exodus, and Michael Saylor, chairman of Strategy, have all confirmed their attendance at the summit. In addition, Vlad Tenev, CEO of Robinhood, also hinted on the X platform that he will travel to Washington to participate in the conference.
The White House's hosting of this cryptocurrency summit has a profound industry background. For a long time, the cryptocurrency industry has been developing rapidly, but the regulatory framework has always been unclear. The Trump administration's move aims to further explore cryptocurrency and blockchain-related policy issues, promote the establishment of a clearer regulatory framework, and facilitate the innovation and development of this industry in the United States. During the 2024 election campaign, Trump had promised to simplify cryptocurrency regulations, appoint industry-friendly regulatory officials, support the stablecoin framework, and establish a bitcoin reserve. The holding of this summit is undoubtedly an important step towards these commitments and also marks a significant difference in the regulatory stance on cryptocurrencies between the Trump administration and the Biden administration.
As the summit date approaches, the entire cryptocurrency industry is closely watching, looking forward to obtaining more key information about the future policy direction of cryptocurrencies in the United States from this summit, which may also have a profound impact on the development of the global cryptocurrency market.
