Trump Hosts Historic White House Crypto Summit Amid BTC Debate

As former U.S. President Donald Trump prepares to host the first-ever White House Crypto Summit on March 7, anticipation within the digital asset community is at an all-time high. The landmark event, scheduled from 6:30 pm to 10:30 pm UTC, is expected to bring together more than 20 key industry leaders alongside members of the Presidential Working Group on Digital Assets, according to Fox Business journalist Eleanor Terrett.

Industry Titans Set to Attend

As of March 6, at least 22 crypto executives and two White House representatives had confirmed their participation. While the full list remains undisclosed, notable names include Bo Hines and David Sacks. Terrett speculated that other high-profile government figures, such as Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and Attorney General Pam Bondi, may also be in attendance.

However, two key industry leaders—Tether CEO Paolo Ardoino and Binance co-founder Changpeng Zhao—have yet to confirm their presence. Interestingly, Ardoino was recently seen in Washington, D.C., attending a separate crypto CEO forum hosted by the Commodity Futures Trading Commission (CFTC) alongside Ripple’s Brad Garlinghouse and Coinbase’s Greg Tusar, among others.

Private Reception for Uninvited Executives

With speculation mounting over additional attendees, Terrett also revealed that a larger, invite-only reception is planned across the street from the White House for those who were not invited to the official roundtable. However, she noted that the plans remain fluid and could change.

Debate Over Trump’s Bitcoin Reserve Executive Order

The summit comes on the heels of Trump’s controversial executive order establishing a “Strategic Bitcoin Reserve” and a “Digital Asset Stockpile” on March 6. While some in the crypto space hailed the move as historic, others criticized the administration for failing to commit to actively purchasing Bitcoin. Instead, the reserve will only consist of approximately 200,000 BTC seized through criminal and civil forfeiture.

10x Research pointed out that the announcement fell short of industry expectations, as many anticipated a large-scale Bitcoin acquisition. However, Coinbase executive Conor Grogan argued that the executive order effectively removed $18 billion of sell-side pressure from the market.

Also Read: Trump’s Meme Coin Crashes 83%: $12 Billion Wiped Out Amid Crypto Market Turmoil

As the crypto community watches closely, the White House Crypto Summit is poised to shape the future regulatory landscape of digital assets in the U.S.

Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of CoinBrief.io. Before making any investment decisions, you should always conduct your own research. Coin Brief is not responsible for any financial losses.

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