President Trump To Host Crypto Summit

March 3, 2025 3:49 pm Comments

President Trump will host a “crypto summit” on Friday.

David Sacks, White House czar of cryptocurrency, announced the summit on X.

Sacks noted President Trump would be the keynote speaker at the event.

The summit comes just days after President announced the U.S. government is making plans to create a national digital asset stockpile of cryptocurrencies.

Per KOMO News:

President Donald Trump will host a “crypto summit” on Friday, David Sacks, White House czar of artificial intelligence and cryptocurrency, announced last week.

Sacks posted on social media platform X that Trump will speak at the event, which he wrote will be attended by prominent founders, CEOs and investors of the cryptocurrency industry.

Three days after Trump began his second term, he said the U.S. was going to become the world capital and a “manufacturing superpower” of cryptocurrency. It was going to happen through the declaration of a “national energy emergency,” which would unlock “liquid gold” under the country and “pave the way” for rapid approvals of new energy infrastructure, according to the president.

That same day, Trump issued an executive order to form an “internal working group” that would make the U.S. the “world capital on crypto.” That group would evaluate the potential creation and maintenance of a “national digital asset stockpile,” according to the president.

Join the conversation!

We have no tolerance for comments containing violence, racism, profanity, vulgarity, doxing, or discourteous behavior. If a comment is spam, instead of replying to it please click the icon below and to the right of that comment. Thank you for partnering with us to maintain fruitful conversation.