Trump’s Crypto Summit Heavy on Victory Laps, Light on Regulation

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On Friday (March 7), the crypto industry came to Washington D.C. Specifically, they came to the White House’s State Dining Room, where the nation’s first ever “Crypto Summit” was held.

President Donald Trump, flanked by Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, and U.S. “AI and Crypto Czar” David Sacks, addressed the more than two dozen crypto executives and federal agency representatives gathered to provide feedback on how the U.S. can become a leader in the digital asset space.

“Unfortunately, in recent years the U.S. Government sold tens of thousands of additional bitcoin that would have been worth billions of dollars … Never sell your bitcoin. That’s a phrase they have, I don’t know whether it’s wrong or right, who the h— knows” Trump said during his opening remarks.

Regarding potential national crypto regulation, he said: “I hope lawmakers will send regulation to…

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