[VT Washington, D.C., March 6, 2025] President Donald Trump hosted the White House Digital Assets Summit, marking a significant moment in the administration’s approach to cryptocurrency and blockchain technology. The event featured key figures from the digital assets industry, government officials, and financial leaders, with discussions centered on advancing America’s position as a global leader in digital finance.
The summit commenced with President Trump acknowledging FIFA President Gianni Infantino, who presented the new Club World Cup Trophy. Infantino emphasized the significance of the tournament and the role of the U.S. in hosting this historic event. President Trump responded warmly, underscoring the importance of the World Cup and America’s role in global sports.
Transitioning into the core topic of the summit, President Trump welcomed attendees, including David Sacks, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, SBA Administrator Kelly Loeffler, SEC Commissioner Hester Peirce, Acting CFTC Chairman Caroline Pham, House Majority Whip Tom Emmer, Representative Bryan Steil, and Digital Assets Council Director Bo Hines. He also acknowledged Senator Marco Rubio, underscoring the bipartisan support for digital asset initiatives.
President Trump reiterated his commitment to making the U.S. the Bitcoin superpower of the world and the crypto capital of the planet. He highlighted his recent executive order establishing the Strategic Bitcoin Reserve, a virtual Fort Knox for digital gold, to be managed by the U.S. Treasury. The President criticized previous administrations for selling Bitcoin assets prematurely and vowed to implement policies ensuring long-term cryptocurrency holdings.
David Sacks praised President Trump’s leadership and vision, emphasizing the administration’s commitment to fostering innovation and legal fairness in the digital asset space. He also pointed out the challenges the industry faced under regulatory scrutiny, noting that Trump’s leadership had brought clarity and renewed optimism.
Treasury Secretary Scott Bessent detailed the administration’s digital asset strategy, highlighting plans to strengthen the U.S. balance sheet through digital assets and establish clearer regulations for stablecoins. He assured attendees that his department would work with the IRS and other financial agencies to modernize cryptocurrency policies and end previous regulatory hostilities.
Commerce Secretary Howard Lutnick echoed these sentiments, stressing that blockchain technology and Bitcoin would play a key role in the future of American financial dominance. SBA Administrator Kelly Loeffler emphasized the role of small businesses in adopting crypto innovations, while House Majority Whip Tom Emmer lauded the administration’s vision for 21st-century finance.
Notable cryptocurrency entrepreneurs, Cameron and Tyler Winklevoss, shared their perspectives, with Tyler remarking that under previous administrations, they felt more likely to end up in legal battles than in the White House discussing policy. Their comments highlighted the administration’s pro-business and pro-innovation stance on digital assets.
Several other industry leaders, including David Sacks, Bo Hines, and Caroline Pham, spoke about the future of blockchain technology and its potential to reshape the global financial landscape. President Trump closed the event by reaffirming his commitment to ensuring the U.S. remains at the forefront of digital finance and blockchain development, vowing to prevent foreign adversaries from overtaking the U.S. in the crypto revolution.
The White House Digital Assets Summit marked a pivotal moment in U.S. financial policy, solidifying the administration’s commitment to embracing cryptocurrency innovation while ensuring strong economic growth and regulatory clarity.
