A senior White House official said on March 7 that the crypto summit would not cover taxes, and some industry leaders expressed hope for a regulatory framework.
With many crypto industry leaders and US government officials expected to gather at the White House in a matter of minutes, some are speculating that the event will explore regulatory clarity.
On March 7, US President Donald Trump is expected to address an audience of crypto company CEOs and founders to discuss regulatory policies, stablecoins and a proposed plan to establish a strategic crypto reserve in government. A senior White House official said prior to the event that the summit would not focus on taxes but rather “rolling back” policies put in place by the previous administration.
“While we’ll need to wait and see what concrete goals emerge from the summit, there’s optimism that it will continue building a regulatory framework that gives the US crypto industry what it desperately needed: clarity without strangulation,” Les Borsai, co-founder of Wave Digital Assets, told Cointelegraph.