Washington (TDI): The US government is making major changes in its approach to cryptocurrency, signalling a shift toward clearer regulations and innovation-friendly policies.
To discuss the future of digital assets, a Crypto Summit in the US is set to take place on March 7, bringing together policymakers, CEOs, founders, industry leaders, and investors to discuss and implement new crypto policies.
This summit follows recent developments in crypto regulation, including the SEC’s decision to drop key lawsuits, new laws being proposed for memecoins, and the growing influence of President Trump and AI & Crypto Czar David Sacks in shaping digital finance policies.
White House Crypto and AI Czar David Sacks and Bo Hines, the executive director of a working group on digital assets, will host the Crypto meeting. While, President Trump will speak at the summit, a late Friday press release said.
President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt
— David Sacks (@davidsacks47) March 1, 2025
“Attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President’s Working Group on Digital Assets,” the release said.
The summit will come just about a month after Sacks, alongside congressional leaders, gave his first public remarks as Trump’s crypto czar.
The White House did not name the summit’s other attendees.
Notably, the biggest shift in crypto regulation has been the Securities and Exchange Commission (SEC) dropping its lawsuits against major crypto companies like Coinbase, Uniswap, and Robinhood Crypto.
This decision highlights the change in strategy by the US.
To achieve this, the government has launched a “crypto task force,” which will focus on developing a regulatory framework that fosters innovation while ensuring investor protection.
Read More: Bitcoin Hits $100,000 As Trump Backs Crypto
Recently, the shift in crypto policy has been strongly influenced by US President Donald Trump.
In January 2025, he signed an executive order named “Strengthening American Leadership in Digital Financial Technology,” to promote crypto innovation and to ban the creation of a US government-controlled digital currency.
Areeba Kanwal is a contributor at The Diplomatic Insight and has passion for International Relations and diplomacy.