Trump was supposed to host Crypto summit in the White House
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President Donald Trump It is planned to hold an event on the Crypto Currency at the White House next week.
The Crypto Summit will be held on Friday, marking the first such event of the White House.
Trump is expected to express comments during the summit, said the White House.
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President Donald Trump talks to reporters after he signed an executive order at an oval office in Washington on January 31, 2025. (Chip Somodeville / Getty Images / Getty Images)
The event will include “distinguished founders, executive directors and investors from the KRIPTO industry, as well as members of the Presidential Working Group for Digital Property,” said the White House.
Summit will lead a risk capitalist and White house Ai and Crypto Czar David Sacks, and will be managed by the Executive Director of the Working Group Bo Hines.
This comes after Trump has signed an executive order in January to establish a working group consisting of servants of various federal agencies to advise a white house on a digital property policy.
President Donald Trump arrives at the East Room of the White House 5 February 2025. In Washington, DC (Andrew Hardik / Getty Images / Getty Images)
The working group includes officials from the Treasury, Justice, Trade and Homeland Security Department, as well as the management and budget office, value papers and exchange and exchange commission for trading commodities.
During his 2024 campaign, Trump vowed to simplify the regulations, support a stable frame and establish Bitcoin supplies, Bloomberg News states.
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David Sacks, AI and Crypto Czar President Donald Trump, he listens to Trump signing a series of executive orders in the oval office of the White House 23. January 2025 in Washington, DC (Getty Images)
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Trump has not yet fulfilled all these promises, but the policies of his administration and the summit signal a significant change from the difficult regulatory approach of bidet, Bloomberg News reported.
President, who is earlier criticized the crypto currency As a “fraud”, he even introduced Memecoin shortly before returning to his duty in January.