President Donald Trump will host an unprecedented four-hour cryptocurrency summit at the White House on March 7, 2025, marking the administration's first formal engagement with the digital asset industry.
The roundtable discussion, scheduled from 6:30 PM to 10:30 PM UTC, will be co-hosted by newly appointed Crypto Czar David Sacks and is expected to draw 20-25 attendees from both government and private sectors.
Notable participants include Michael Saylor of MicroStrategy, Coinbase CEO Brian Armstrong, Ripple CEO Brad Garlinghouse, and Chainlink co-founder Sergey Nazarov. Government representation will come from the SEC, CFTC, and Treasury Department, signaling the administration's whole-of-government approach to cryptocurrency policy.
The star-studded summit bridges industry titans and key regulators, embodying the administration's comprehensive vision for crypto governance.
The summit agenda focuses on several transformative proposals, including the formation of a U.S. Strategic Crypto Reserve, potential zero capital gains tax on cryptocurrency sales, and explicit prohibition of Central Bank Digital Currencies. Commerce Secretary Howard Lutnick has suggested that the reserve may include multiple digital assets beyond Bitcoin, such as Ethereum, XRP, Solana, and Cardano.
Regulatory framework for digital assets, particularly stablecoins, will also feature prominently in discussions.
Market conditions heading into the summit have been volatile. Bitcoin recently experienced a significant correction, dropping to $82,000 before recovering to $90,000.
Other cryptocurrencies showed mixed performance, with ADA gaining an impressive 48% in the week preceding the event, while the broader market suffered a $1.2 trillion wipeout in the month prior.
The administration aims to shift away from the previous "regulation by enforcement" approach, seeking to establish clear jurisdictional boundaries between the SEC and CFTC. A key component of this shift includes the Crypto Task Force established by Acting SEC Chair Mark Uyeda to develop a comprehensive regulatory framework.
Industry stakeholders anticipate the summit will address persistent "debanking" issues plaguing cryptocurrency companies and provide a clearer compliance pathway.
With explicit intentions to position the United States as the "crypto capital of the world," the summit has global implications for international regulatory standards.
Observers note potential impacts on global stablecoin development and U.S. dollar sovereignty, particularly in comparison to the European Union's Markets in Crypto Assets Regulation.
Industry reactions remain cautiously optimistic, with ongoing debates regarding the composition of any potential crypto reserve and the appropriate balance of regulatory oversight versus innovation support. The summit is expected to explore advanced blockchain technologies like Internet Computer Protocol that offer Chain Key cryptography capabilities for enhanced consensus and network protection across decentralized infrastructure.
