Crypto execs weigh in on what to expect at White House summit

With many crypto industry leaders and US government officials expected to gather at the White House in a matter of minutes, some are speculating that the event will explore regulatory clarity.

On March 7, US President Donald Trump is expected to address an audience of crypto company CEOs and founders to discuss regulatory policies, stablecoins and a proposed plan to establish a strategic crypto reserve in government. A senior White House official said prior to the event that the summit would not focus on taxes but rather “rolling back” policies put in place by the previous administration.

“While we’ll need to wait and see what concrete goals emerge from the summit, there’s optimism that it will continue building a regulatory framework that gives the US crypto industry what it desperately needed: clarity without strangulation,” Les Borsai, co-founder of Wave Digital Assets, told Cointelegraph.

“After years of watching innovation flee to friendlier jurisdictions overseas, this summit represents the first coordinated effort to reverse that talent drain and create both an immediate path to regulatory certainty and a long-term vision for blockchain’s role in America’s financial architecture,” Borsai added.

Trump announced the summit less than seven days ago. Executives from major crypto firms, including Ripple CEO Brad Garlinghouse and Coinbase CEO Brian Armstrong, have confirmed that they will be attending. Many are speculating that Tether CEO Paolo Ardoino, who posted on social media that he was in Washington, DC on March 6, could also visit the White House.