US President Donald Trump makes waves in both financial markets and encryption with his last step. On Sunday, March 2, the encryption market witnessed a large gathering after Trump announced that five main encrypted currencies- Bitcoin, XRP, Solana, Cardano, and Ethereum will be added to the new strategic reserves of the United States. This initiative aims to put the United States as “the world of encryption in the world.”
Historical coding top!
But this is not all. A historic event is scheduled for Friday, March 7, when Trump will host the first ever The top of the White House encryptionOn the occasion of a major moment for both American policy and encryption industry.
David Sacks, the White House AI and Crypto CZAR, will organize and manage the summit, with Bo Hines, Executive Director of the Labor Group, help. President Trump will lead the event.
SACKS revealed that the main founders, executives and investors from the encryption world will meet with the White House digital assets working group to divide in important discussions about the policy of encryption and potential regulations.
The main attendees and the subjects of focus
The summit will focus on major topics such as the American strategic reserve role in encryption, industry guidelines, expansion of Stablecoin, CBDC opposition in the United States, and create a “strategic coding reserve” with large encrypted currencies. It will also explore the organizational frameworks to support growth, balance in organization with innovation, and consider tax -exempt encryption sales to enhance adoption.
The Crypto Summit in the White House will include major characters such as President Trump, CEO of Ripple Brad Garlinghouse, Microstrate’s Michael Saylor, ChainLink’s Sergey Nazarov, and others. Other encryption leaders such as Coinbase, Jesse Powell, and Winklevoss Twins.
In the 119 conference, some Republican lawmakers presented competing bills of Stablecoin, with the aim of creating an organizational framework for these digital assets. However, Democratic lawmakers criticized President Trump for his launch shortly before his inauguration, claiming that possible interests and moral concerns.
However, the top appears to be the first major gathering of digital asset leaders at the White House. During the Trump era, the Supreme Education Council suspended investigations and enforcement procedures against many digital asset companies. These changes are in line with the Trump administration’s wider efforts to enhance innovation and put the United States as a leader in the encrypted currency sector.
