Trump will host the first cropto white house summit, 7. Marta

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Trump will host the first cropto white house summit, 7. Marta

U.S. President Donald Trump will host the first crupto white house summit, bringing together leaders of industry to discuss regulatory policies, monitoring stablecoin and the potential role of bitcoin in the American financial system.

Attendees will include “prominent founders, general directors and investors from the crypto industry”, together with members of the President’s Working Group for Digital Property, in accordance with the announcement of the White House “AI and Cripto Czar”, David Bags, on 1. March mail.

Sumit will chair the bags and give Bo Hines, the CEO of the working group.

The bags were set Cripto and AI and Czar 6. December 2024, to “work on a legal framework, so the crypto industry has the clarity he seeks and can succeed in the United States” Abdomen wrote in the announcement.

The part of the role of the bag will be “protective” on network speech and “direct us away from great technological bias and censorship,” Trump added.

Trump has previously signaled to intend to make CRIPTO policy National priority And make an American global hub for the BlockSchain’s innovation. The upcoming summit can set the tone for crypto regulations over the next four years.

Bags are only two years to pass Pro-CrueTo Poliding Policy Before Election Medium from 2026. year in the US, Joe Doll, a Magic Eden General Market General, said in interviewing Conintlegraph.

According to the doll, a threat to rule a locked government can stifle regulations, and the current administration must push through pro-crypto policies while continues to control both congress chambers.

Stablecoin, Bitcoin Reserve regulation remains focused

Although there are no additional details on the Summit Agenda, StableChoin Regulation and Legislation related to the potential strategic bitcoin (Btc) Reserve was at the head of regulatory discussions in the United States.

The White House announcement came the days After Jeremy AllaireCo-founder of the circle, the company behind the second largest Stablecoin in the world, said that StableCoin publishers would need to register for registration in American authorities.

Quoting Consumer Protection, Allaire claimed that EDSOPTERS STABLECOIN based on US Dollars should not receive “free passage”, and we will do what you want wherever you want to be in the United States and sell. ” Said Allaire Bloomberg:

“Whether you’re offshore company or deal in Hong Kong, if you want to offer your Stablecoin your dollar in the US, you should need to register in the US just as we have to register everywhere.”

The upcoming summit can shed more light on the impending legislation of Stablecoin, given the bags of pre-statement that stableciins can “expand the dominance of dollars at the international level”.

Interest in American Strategic Bitcoin Reserve It is also on the rise. So far, at least 24 countries have introduced legislation related to the potential retail bitcoin, Bitcoinlavs The data show.

However, Bitcoin Spare Reserve Bitcoin cannot be the key to Bitcoin; They are just a “symbolic move” unless significant shopping is announced, according to Iliia Kalchev, Dispet analyst at someone.

“Unless the hearing reveals an almost term of purchase or great policy shift, the market response will probably be mild, because Texas Pro-Cripto attitude is already well known,” Kalchev said, Kalchev said.

Bitcoin is on average over the last five years on average to return in the last five years, showing the lucrative potential of long-term citizenship.

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Journal: UnstableCOins: Recording, Bank Racing and Other Risk