Trump hosted the Vhite House Cripto summit, signaling great policy shift

On the movement set to present us to the American Digital Property Policy, the President Donald Trump, on Friday, in the fight with Cryptomit White House, on Friday, 7. March, brought superior industry leaders and key policy makers. The summit, which chaired the risky capitalist and technological investor David Sacks, signals a great shift in the federal cryptocurnancy policy, alignment with Trump campaign promise to be “American First President Cypto”

The event monitors Trump signing an executive order 14178, declaring that the policy of its administration “support responsible growth and use of digital assets … in all sectors of the economy.” The order reverses the policies of Biden and era that saw SEC tighten the execution and expansion of regulatory surveillance – critics moving to argue innovative.

Key figures in the administration – including BO Hines, executive director of the Presidential Working Group on the digital means – is expected to pass the roadmap for cryptological regulations. According to the White House, the Summit will focus on the establishment of clear industry standards, spreading a stopping of stablecoin and blocking the creation of the US Central Bank digital currency.

“This is a new ERA for digital financial technology,” a white home service official said. “After years of dishonest processing and bureau processing, the administration is dedicated to encouraging innovation, and in preserving economic freedom”.

While the crypted lawyers are welcoming the shift, financial guards remain cautious. Some claim that it would facilitate restrictions could open the door for fraud and financial instability – concerns that increased the decay of the high profile sector, including FTX. But Trump supporters insist that the decrease in regulatory barriers to submit an investment and cement american management in a global digital economy.

With high profile industrial leaders attended, the cropto white house summit could be a moment in reshaping as they are now approaching digital finances.