President Donald Trump is set to host his first White House Crypto Summit on March 7, bringing together key industry figures and government officials for a closed-door discussion on digital assets. According to Fox Business reporter Eleanor Terrett, at least 11 crypto executives and two White House representatives have confirmed attendance, including Michael Saylor of Strategy (MSTR), Coinbase (COIN) CEO Brian Armstrong, and Ripple (XRP-USD) CEO Brad Garlinghouse. The event is expected to shape the administration’s approach to crypto regulation, digital asset policy, and a possible U.S. Bitcoin reserve.
Bitcoin Reserve Talks Gain Traction
A government-backed Bitcoin reserve might have sounded far-fetched a few years ago, but now, it’s a topic of serious discussion. The Pavlovic Today reported that Commerce Secretary Howard Lutnick hinted at the idea, saying, “The President definitely thinks that there’s a Bitcoin strategic reserve.” Alright, so no one really knows the full details yet, but the crypto world is eager to see if the administration will make a real move toward integrating Bitcoin into the national economy.
Cardano Founder Charles Hoskinson’s Invite Never Arrived
Cardano (ADA-USD) founder Charles Hoskinson found himself left off the guest list, despite ADA’s inclusion in Trump’s proposed crypto reserve. In a March 6 broadcast, Hoskinson made it clear: “We did not get an invitation on Monday. We did not get an invitation on Tuesday. We did not get an invitation today on Wednesday.” He didn’t seem too bothered, though, suggesting that actual policy work happens in Congress, not flashy industry events.
Who’s In and Who’s Out?
Some of crypto’s biggest players have confirmed their attendance, including Kraken’s Arjun Sethi, Robinhood’s (HOOD) Vlad Tenev, and Chainlink’s (LINK-USD) Sergey Nazarov. But other heavyweights—like Ethereum co-founder Vitalik Buterin, Circle CEO Jeremy Allaire, and Solana’s (SOL-USD) Anatoly Yakovenko—have yet to announce whether they’ll show up. For those left off the list, there’s talk of a separate, invite-only reception happening nearby.
So now that we know the White House is engaging directly with crypto’s biggest players, the summit signals a major shift in how the government approaches digital assets. Whether the event leads to real policy changes or simply fuels further speculation remains to be seen, but one thing is clear—crypto prices will react to what happens at the summit. To stay informed, investors should track crypto price movements in the TipRanks Cryptocurrency Center. Click on the image below to find out more.
