The White House will host its first-ever Crypto Summit on Friday, March 7, an event expected to shape the future of cryptocurrency policy in the United States. The summit is part of a broader effort to replace the previously proposed Crypto Advisory Council, offering the President’s Working Group on Digital Assets a platform to engage directly with industry leaders.

According to a statement from the White House, “President Trump will host and deliver remarks at the first-ever White House Crypto Summit on Friday, March 7. 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.”

Approximately 25 individuals are expected to participate in the closed-door discussions, though the official guest list has not yet been disclosed. Figures such as David Sacks, who serves as the White House’s lead on crypto policy, and Bo Hines are reportedly involved, indicating a focus on regulatory clarity and industry engagement.

The decision to hold summits rather than establish a formal advisory council reflects a shift toward a more adaptable approach to crypto regulation. By engaging directly with industry stakeholders, the administration appears to be emphasizing collaboration over rigid policymaking structures.

The discussions at the summit could play a crucial role in shaping future legislation and defining cryptocurrency’s role in the U.S. economy. As digital assets continue to gain mainstream acceptance, the event signals an ongoing commitment by the government to address regulatory challenges and integrate the industry into the broader financial system.

Editorial Note: This news article has been written with assistance from AI. Edited & fact-checked by Harshajit Sarmah.