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    Home»Cryptocurrency»White House Sets Stage for Digital Asset Policy Talks
    Cryptocurrency

    White House Sets Stage for Digital Asset Policy Talks

    Team_SimonCryptoBy Team_SimonCryptoMarch 5, 2025No Comments4 Mins Read
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    The White Home is getting ready for its first crypto summit on Friday, March 7, and invitations have been issued to trade leaders and specialists.

    The occasion will likely be hosted by Trump’s AI and crypto czar, David Sacks, and trade leaders are hoping for regulatory readability that might assist the US retain blockchain expertise and foster home crypto enterprise progress following years of oppression below the earlier administration.

    On March 5, Fox Enterprise reporter Eleanor Terrett stated that “invitations had been despatched to attendees through e mail this afternoon,” which means Tuesday. Nonetheless, there have been no additional particulars within the missive past time and site, she stated.

    NEW: Somewhat extra element right here — invitations had been despatched to attendees through e mail this afternoon.

    Per the e-mail, the occasion is scheduled to go from 1:30PM – 5:30PM.

    No additional particulars within the missive past time and site. https://t.co/tdoISvsLxC

    — Eleanor Terrett (@EleanorTerrett) March 4, 2025

    Attendees Checklist Rising

    Terrett additionally reported that extra attendees are confirming their look on the summit, together with Technique founder Michael Saylor, Bitcoin Journal CEO David Bailey, Paradigm co-founder Matt Huang, and Exodus CEO JP Richardson.

    “The visitor checklist, in accordance with two sources near the proceedings, will likely be smaller than beforehand anticipated,” she stated.

    The gathering of round 20-25 folks will likely be a roundtable setting on the White Home and embody different members of the Presidential Working Group on Digital Property, which is why the trade invitations will likely be fewer, she added.

    Except for Sacks and the Govt Director of the Presidential Council of Advisers for Digital Property, Bo Hines, it was unclear who else would attend on behalf of the federal government.

    Nonetheless, the President’s Working Group on crypto additionally consists of Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, Legal professional Normal Pam Bondi, and the chairs of the SEC and CFTC.

    “A bigger, invite-only reception is being deliberate throughout the road from the White Home after for these not invited to the roundtable assembly.”

    Additionally on the checklist of attendees are Kyle Samani, managing accomplice at Multicoin Capital, Zach Witkoff, the co-founder of the Trump household DeFi platform World Liberty Finance, Chainlink co-founder Sergey Nazarov, Coinbase CEO Brian Armstrong, Robinhood CEO Vlad Tenev, and Kraken CEO Arjun Sethi.

    An unconfirmed checklist of invite recipients was additionally posted, which included Ripple CEO Brad Garlinghouse, Tether CEO Paolo Ardoino, Ark Make investments’s Cathie Wooden, Circle boss Jeremy Allaire, Cardano’s Charles Hoskinson, Vitalik Buterin, and the Winklevoss twins. Nonetheless, these folks have but to be formally confirmed.

    Potential dialogue subjects embody establishing a US crypto reserve, stablecoin oversight, potential tax incentives for crypto companies, and AI’s position in crypto fraud detection and compliance.

    Ethereum Illustration?

    Ethereum advocate Anthony Sassano commented on Ethereum illustration, contemplating that Trump’s DeFi platform relies on and shopping for ETH, Coinbase’s layer-2 and stablecoin are Ethereum-based, and Robinhood and Kraken are working intently with Ethereum L2s.

    “Would like to have somebody from Etherealize within the room (hopefully Danny Ryan) however Ethereum does have fairly good illustration already.”

    Core Ethereum developer Ryan responded with, “I feel I may do a superb job broadly representing Ethereum’s pursuits in this sort of atmosphere. Put me in.”

    Persons are asking if Ethereum goes to be represented on the White Home Crypto assembly and effectively, all of those persons are constructing on Ethereum.

    World Liberty Finance is constructed on Ethereum layer 1 and has been stacking ETH

    Chainlink is chain agnostic however an enormous a part of their… pic.twitter.com/2BygmTTzcG

    — sassal.eth/acc (@sassal0x) March 4, 2025

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