This Friday, March 7, is the first White House encryption summit ever, the main event that aims to form the future of cryptocurrency policy in the United States, according to Fox Business, the summit is part of a series designed to replace the previously proposed consulting council.
“The White House announced today that President Trump will host and make statements at the first White House encryption summit on Friday, March 7. The attendees will include prominent founders, executives and investors from the encryption industry, as well as members of the president’s working group on digital assets,” the press statement stated.
It is expected that about 25 invitation is expected to attend, although the list of guests is still under the winding. More details are expected to be released about who the present will be soon. Some important characters, such as David Sacks (Crypto CZAR) and BO HINES, which indicate a positive direction for encryption legislation and clarity of future policy.
The shift from the official advisory council to these summits indicates a more flexible approach to policy -making, allowing direct communication with industry leaders. This is seen as a step in the right direction of encryption, which provides a clearer path forward and a government’s growing support for industry.
The White House encryption summit is expected to provoke important discussions that can affect future legislation and enhance the role of encryption in the American economy. As Crypto continues to obtain prevailing acceptance, this summit is a strong indication that the government is committed to guaranteeing its place in the financial scene.
