White House to host crypto summit next week

ISTANBUL

The White House will host its first cryptocurrency summit next Friday.

US President Donald Trump will deliver remarks at the event, according to a statement released by the White House on Friday.

The summit will bring together prominent founders, CEOs, and investors from the crypto industry, alongside members of the president’s Working Group on Digital Assets, a group comprised of the heads of several federal agencies.

The event will be chaired by White House Artificial Intelligence (AI) and crypto czar David Sacks and administered by the Working Group’s Executive Director Bo Hines.

Trump has repeatedly emphasized his commitment to establishing the US as a global leader in cryptocurrency.

“I’m committed to making America the crypto capital. We want to stay at the forefront of everything, and one of them is crypto,” he said on Feb. 19.