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Trump to Speak at Digital Asset Summit
Political Landscape Changes
U.S. President Donald Trump is scheduled to speak at the Blockworks Digital Asset Summit on March 20 in New York. According to an announcement by the organizers, Blockworks, this will mark the first time a sitting U.S. president addresses a cryptocurrency conference, though specific details of the speech have not been disclosed.
Trump’s attendance at this event highlights his support for the industry. In contrast to former President Joe Biden, during Biden’s administration, federal regulatory agencies have initiated over 100 enforcement actions against the sector. Jason Yanowitz, one of the co-founders of Blockworks, stated on the X platform:
“When we first started Blockworks, we could hardly get anyone from the banks to attend our events. Now, we have a sitting president speaking to 2,500 institutional investors. This industry has indeed come a long way.”
Former Fox Business reporter Eleanor Terrett further criticized on X that Trump will address attendees via a “recorded video” around 10:40 AM U.S. time on the 20th.
Political Landscape Changes
During the 2024 U.S. presidential campaign, Trump previously spoke at the Bitcoin 2024 conference in Nashville, Tennessee, where he pledged to make the U.S. the “crypto capital of the world” and hinted at plans to establish a national Bitcoin reserve.
Since taking office on January 20, Trump has signed executive orders directing regulatory agencies to adapt to digital assets, established a White House cryptocurrency advisory team, and created a U.S. strategic Bitcoin reserve and digital asset inventory agency. Additionally, he has nominated officials supportive of the industry for key regulatory positions, including leadership roles at the U.S. Securities and Exchange Commission (SEC) and the Department of the Treasury.
Furthermore, since Trump’s administration began, the SEC has also dropped charges against several cryptocurrency companies, including Coinbase, Kraken, and Uniswap, which had previously been accused of violating securities laws.
