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News

President Trump to Announce Crypto Policy at Digital Asset Summit

2 mins mins
Key Points:

  • President Trump to speak at Digital Asset Summit.
  • First sitting president to address a crypto conference.
  • Strategic Bitcoin reserve announcement expected.

president-trump-to-announce-crypto-policy-at-digital-asset-summit
President Trump to Announce Crypto Policy at Digital Asset Summit

President Donald Trump is set to deliver a video speech at the Digital Asset Summit in New York on Thursday, March 20. The speech is expected to announce the administration’s new crypto policy initiatives.

The historic event underscores digital assets’ growing role in financial policy, with Trump becoming the first sitting U.S. president to address a cryptocurrency conference.

Trump to Reveal U.S. Strategic Bitcoin Reserve at Summit

President Trump will deliver his address at 10:40 a.m. Eastern Time via video, available for viewing on X and YouTube.

Remarkably, no previous sitting U.S. president has spoken at a cryptocurrency event, marking a significant point in the industry’s acceptance.

Trump’s speech is anticipated to introduce the administration’s Strategic Bitcoin Reserve initiative, aligning with efforts to position Bitcoin as a strategic asset. The initiative aims to cement Bitcoin’s role in the U.S.’s financial plan, signaling further integration of digital assets into the economy.

Bo Hines, from the White House’s Digital Asset Advisory Committee, recently highlighted the administration’s drive to accumulate Bitcoin. His statement at the summit reinforced growing governmental interest in digital assets. “It’s high time that our president started accumulating assets for the American people, which is what President Trump is doing rather than taking it away,” Bo Hines commented. Industry leaders, including Michael Saylor and Brad Garlinghouse, have expressed keen interest in these developments.

Experts: Global Digital Asset Strategy Could Reshape Regulations

Did you know?
The U.S. government’s move towards a Strategic Bitcoin Reserve is a historic pivot, paralleling traditional reserves like gold, setting new precedents in digital asset adoption.

Bitcoin is currently trading at $28,450, having experienced a fluctuation near the $29,000 resistance level. Analysts note that while momentum stalls, the market reflects neutral conditions with a Relative Strength Index of 53%.

Experts suggest the U.S.’s strategic move could influence global digital asset regulations. The potential impact might lead other nations to consider similar strategies, significantly altering the regulatory landscape worldwide.

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Avatar of John Kojo Kumi

John Kojo Kumi

20 March 2025, 02:59:47 GMT +0000

John Kojo Kumi is a cryptocurrency researcher and writer specializing in emerging startups, tokenomics, and market dynamics within the blockchain ecosystem. With years of experience in crypto journalism and blockchain research, he provides in-depth coverage of decentralized finance (DeFi), NFTs, and Web3 innovations.

He holds a Bachelor of Arts in Geography and Rural Development from Kwame Nkrumah University of Science and Technology, Kumasi, bringing a multidisciplinary perspective to the evolving digital asset space. As a Crypto News Writer, he tracks and reports on industry trends, while his role as a Registrar at the Commission on Human Rights and Administrative Justice reflects his commitment to governance and transparency.

His expertise spans content strategy, SEO optimization, and technical research, enabling him to craft insightful, data-driven analyses. Passionate about blockchain’s transformative potential, he strives to equip readers with the knowledge to navigate the complexities of digital assets and decentralized technologies.

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