Many crypto enthusiasts shared their different opinions ahead of the upcoming crypto summit by the US White House on crypto. A big part of the crypto community is not happy with this summit.
Summary
- White House Crypto Summit scheduled to be held on 7 March 2025.
- Many top crypto leaders received invitations to attend the Crypto Summit.
- Ripple & Cardano founders didn’t get any invitation. Crypto community objects.
- Summit aimed at shaping the future of cryptocurrency regulation and adoption in the U.S. jurisdiction.
The US President Donald Trump, has planned to hold a Crypto summit at the White House, the official residence of the President of the United States and the home of the executive branch of the US government. Many top crypto executives & entrepreneurs received invitations to appear at the summit. This crypto summit will be organised on Friday, 7 March.
The Crypto summit will be hosted by pro-Crypto President Trump. The event will feature notable crypto founders, CEOs, and investors, underscoring Trump’s dedication to establishing America as the leading hub for cryptocurrency.
Top 20 Crypto Executives Getting Invitations
So far, the majority of the top Bitcoin & crypto advocates have received invitations from the White House Crypto Summit.
Michael Saylor, the executive chairman of Bitcoin bullish firm Strategy, confirmed that he got the invitation to join the digital assets summit.
David Bailey, the CEO of the top Bitcoin media company Bitcoin Magazine, also confirmed he received an invitation.
Paradigm co-founder Matter Huang also received an invitation. He thanked Trump for the invitation.
JP Richardson, CEO of Exodus, confirmed that he got the invitation. He said that he would be happy to discuss for the conversation regarding the self-custody of cryptocurrencies.
Other top crypto executives who received invitations are Coinbase CEO Brian Armstrong, Multicoincap executive Kyle Samani, World Liberty Finance Co-founder Zach Witkoff, Chainlink co-founder Sergey Nazarov, stock & crypto trading platform Robinhood CEO Vlad Tenev, Kraken exchange CEO Arjun Sethi. Gemini Crypto exchange co-founders Tyler Winklevoss and Cameron Winklevoss.
Bitcoin Magazine CEO noted that many people are spreading fake lists of the participants of the Crypto summit, and he suggested people consider the list shared by Fox News reporter Eleanor Terrett. He also said that the total number of attendees will be nearly 20.
No Invitation for Cardano Founder Hoskinson
Charles Hoskinson, the founder of Cardano blockchain, didn’t get any invitation to join this crypto summit.
A report by Unchained confirmed that a White House source informed that Hoskinson was not invited to the summit, and also Cardano has not participated in policy discussions or met with the administration.
It is worth it to note that Cardano founder Hoskinson previously hinted that he would attend a fundraising dinner for the pro-crypto PAC MAGA Inc., but here, the White House source stated he was not invited.
This is really very bad news for Cardano blockchain lovers, and obviously, many Crypto X users opposed such partiality with Cardano.
It is worth it to note that Ripple CEO Brad Garlinghouse also didn’t receive any invitation to join the White House Crypto Summit. This information was confirmed by Bitcoin Magazine CEO Bailey.
Significance of White House Crypto Summit
As per available information from multiple sources, the key highlights of the White House Crypto Summit are as follows.
1. U.S. Strategic Crypto Reserve
- Discussion on the establishment of a federal digital assets reserve.
- Inclusion of top cryptocurrencies in Crypto Strategic Reserve. For example Bitcoin (BTC), Ethereum (ETH), & potentially $XRP, Solana ($SOL), and Cardano ($ADA). • Commerce Secretary Howard Lutnick suggested Bitcoin may be treated differently from altcoins.
2. Regulatory Framework Development
- Discussion around the development of crystal clear regulatory laws for cryptocurrencies and focus on stablecoin legislation
- Balancing innovation and consumer protection.
3. Industry Collaboration
- Pushing involvement of crypto founders, CEOs, and investors in crypto regulatory efforts.
- Focus on making the U.S. a crypto capital country.
Read also: Top Crypto Headlines: White House Crypto Summit, Australia Against Crypto Strategic Reserve, Tik-Tok
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