Trump’s heavy encryption summit on victory rolls, highlighting the organization

On Friday (March 7), the encryption industry came to Washington, DC, specifically, and they came to the White House dining room, where The first “encryption summit” in the nation a contract.

President Donald Trump is surrounded by the Treasury Secretary Scott PesinTrade Secretary Howard LootnickWe have “Amnesty International and Crypto CZAR” David SachsMore than twenty of the CEOs of encryption and federal representatives addressed to submit notes on how the United States becomes a leader in the area of ​​digital assets.

Unfortunately, in recent years, the US government has sold tens of thousands of additional bitcoin that could have reached billions of dollars … never sell bitcoin. This is a phrase they have, I do not know whether it is wrong or true, who knows “Trump during which during which Opening notes.

Regarding the organization of potential national encryption, he said: “I hope that the legislators will send the regulations to my office before the August holiday.”

For their part, stakeholders in this field, starting with Coinbase CEO Brian Armstrongand Robinhood CEO Vlad Tinifand ChainLink‘s Sergey NazarovStrategy President Michael Celor, Bitcoin Mining Company Marachief executive officer Farid Thiland ripple founder Brad Garlinghyusand Crypto.com CEO Chris MarzalekAnd dozens of others, everything seemed happy to be in the White House and address the president.

“It was not possible for anyone to imagine this room two years ago. It is amazing to what extent we have reached.” – This was the issue of opening notes by many in the industry, including twinThe associated Winkefus twins, who were the first to respond to Trump.

“The United States won the Internet, and the United States must also win the encryption,” Tyler Winkelvos He said.

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Trump goes everything on encryption, as the industry offers them

Outside government heads, there were no representatives from the traditional financial sector in the attendance.

Unexual however forecast Among the attendees of the Friday summit is the co -founder of Ethereum Vitalik Buterinand circle Co -founder Jeremy Allerand Cardano Founder of Charles Hoskinson and Solana founder Anatoli Yakovnko. Paulo ErdinoCEO of Stablecoin Source pregnancyThe White House was recently like Thursday (6 March), For each of its x accountBut it is not clear whether he participated in the coding top on Friday.

For Crypto Vips, it was not invited to the White House, the largest reception and the invitation only It is said It is planned across the street.

“Being in the White House is a great matter for you, comrades,” Trump told the collected encryption devices on Friday.

The industry has a lot to celebrate it. An executive order signed by Trump on January 23 established a presidential working group in the digital asset markets that will develop a federal regulatory framework that rules Digital assets; On Thursday, Trump signed an executive order to create a Bitcoin Strategic Reserve (SBR) And the stock of American digital assets.

The reserve will be funded exclusively through Bitcoin, which was seized in criminal and civil confiscation cases, and the first official recognition of the United States government in Bitcoin as a strategic origin. Non -bitcoin assets will be placed in a separate digital asset stock managed by the Ministry of Treasury.

See also: The regulations become decisive as Stablecoins pay border payments

The United States wants to win‘ With encryption

No bitcoin is placed in SBR, with government holdings estimated In 200,000 Bitcoins, it will be sold; While the assets can be sold in the stock of digital assets by the Treasury, Trump’s statements are at a summit on Friday.

“The treasury and trade departments will explore new paths to collect additional Bitcoin’s bitcoins for the reserve.”

pymnts Covered Friday the news that Cabinet secretary Scott Pesin He said, “a great supporter of the United States takes the lead around the world in Crypto,” and this was the general issue of Friday’s summit. Common rumors have not been addressed on topics such as the United States to remove capital profit taxes on Friday.

While the United States is looking to “win” with Crypto, at least one company, Trump is already. The entities that created the $ TROMP MeMe currency are said to have achieved at least $ 350 million in the three weeks that followed, pymnts covered Friday. In addition to earning $ 314 million in the distinctive symbol sales and $ 36 million of fees directly on Solana Blockchain, the entities may have achieved more money from the symbols offered in encrypted currency exchanges.