Key Takeaways
- Trump will deliver a video speech at the Digital Asset Summit.
- His administration has taken steps to support Bitcoin regulation.
- Industry leaders seek clarity on Bitcoin policy from Trump.
Blockworks confirmed Trump’s participation in a March 19 announcement, with Fox Business reporter Eleanor Terrett stating that his recorded speech is scheduled for 10:40 a.m.
Pro-industry stance
Trump’s engagement with the event reflects his administration’s pro-industry stance.
Since taking office on Jan. 20, he has issued executive orders directing regulatory bodies to accommodate digital assets and has formed a White House advisory team focused on Bitcoin.
His administration has also nominated pro-industry figures to leadership positions at the U.S. Securities and Exchange Commission (SEC) and the Treasury Department.
Industry growth
Jason Yanowitz, co-founder of Blockworks, highlighted the industry’s growth, stating:
When we started Blockworks, we could barely get someone from a bank to attend an event. Now we have a sitting U.S. President addressing 2,500 institutional participants.
Notable speakers & developments
The conference has already hosted notable speakers, including Bo Hines, executive director of the President’s Council of Advisers on Digital Assets.
Additionally, Ripple Labs CEO Brad Garlinghouse announced at the summit that the SEC had dropped its enforcement action against the company.
Anticipation for Trump’s speech
While Trump’s speech topics remain undisclosed, industry leaders hope he will provide more clarity on Bitcoin regulation and taxation policies.
