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Trump to host crypto summit on Friday

05.03.2025 22:00
US President Donald Trump is set to host a high-profile crypto summit on Friday, according to a report.
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Pixabay LicenseImage by Pete Linforth from Pixabay

The event, designed to bolster domestic innovation in digital assets, will feature speeches by Trump himself alongside leading industry figures, the tradersunion.com website has reported, citing a White House press release.

The summit promises to bring together prominent founders, CEOs and investors from the crypto space as well as members of Trump’s Working Group on Digital Assets.

The summit—co-run by White House crypto and AI czar David Sacks and Bo Hines, executive director of the digital assets working group—comes as the Trump administration aims to usher in a new era for digital financial technology, according to the website.

“We want to keep that innovation onshore in the US," Sacks said last month, as cited by tradersunion.com.

He added that as financial assets digitise value creation should benefit the United States rather than being outsourced overseas. 

(gs)

Source: tradersunion.com