🇺🇸 Trump to present Crypto Reserve Strategy at White House Crypto Summit

The first Crypto Summit will be held at the White House on March 7 at 9:30 PM Moscow time. US Commerce Secretary Howard Lutnick said that President Donald Trump will present a strategy for creating a cryptocurrency reserve at the event. Earlier, "crypto czar" David Sachs said the same.

The summit will be chaired by Sachs and Bo Hines, director of Trump's Digital Asset Task Force. The announcement states that Trump will address "prominent founders, CEOs, and investors from the crypto industry." Participants will likely also discuss crypto market regulation and stablecoin oversight.

A number of major crypto industry players have confirmed their participation. Among them are the head of the Coinbase exchange Brian Armstrong, co-CEO of the Kraken exchange Arjun Sethi, co-founder of the Chainlink crypto project Sergey Nazarov, founder of Strategy (formerly MicroStrategy) Michael Saylor, head of the Exodus crypto wallet developer JP Richardson, and co-founder of the crypto-focused venture company Paradigm Matt Huang.