White House Cryptocurrency Announcement: Donald Trump and His Administration Will Meet on 

This Date to Discuss Cryptocurrencies On March 7, the White House said it would host the first Cryptocurrency Summit, at which US President Donald Trump would speak. Members of the President’s Digital Assets Task Force and prominent crypto industry founders, CEOs, and investors will attend the summit. 

Bo Hines, the executive director of the task force, will serve as the moderator for the event, which will be presided over by White House Chief of Artificial Intelligence and Cryptocurrency David Sacks. It is anticipated that significant concerns regarding digital assets, regulatory policies, and the significance of cryptocurrencies to the U.S. economy will be discussed at this historic summit. 

Before he was elected president, Donald Trump promised to have a strategic reserve of Bitcoin. This has been updated to a Bitcoin stockpile that does not require the purchase of additional BTC, according to subsequent studies. Although cryptocurrencies have been on a bullish trajectory since Donald Trump was elected President, the potential inflationary pressures of tariffs planned to be imposed by Trump have resulted in major pullbacks, especially in riskier assets.