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HomeCrypto NewsMarketTrump To Make Major Crypto Policy Announcement in Digital Asset Summit Address

Trump To Make Major Crypto Policy Announcement in Digital Asset Summit Address

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President Donald Trump is set to make a major crypto policy announcement, according to reports from Crypto in America host Eleanor Terrett.

Specifically, Trump is expected to disclose his U.S. crypto policy next steps in an address at Blockworks‘ Digital Asset Summit in New York.

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What to Expect from Trump Crypto Speech

On Wednesday, Blockworks confirmed that Trump would address summit attendees via a recorded message at 10:40 a.m. ET on Thursday, March 20. This will make him the first sitting U.S. president to address a crypto conference.

However, the specifics of the president’s planned address remain sparse. 

Since becoming president, Trump has repeatedly asserted that he wants the U.S. to be the leader in crypto. To this end, he has already signed two crypto executive orders. One established a crypto working group to get the ball rolling on regulations, and another to establish a strategic Bitcoin reserve and digital asset stockpile. 

Meanwhile, recent reports suggest that the president may be considering yet another executive order. This time, the order will address so-called crypto de-banking, which refers to hurdles the crypto industry has faced accessing banking services.

Trump’s Digital Asset Summit address follows the appearance of Bo Hines, the Executive Director of the White House’s President’s Council of Advisers on Digital Assets, at the event. 

At the event on Tuesday, March 18, Hines reaffirmed the Trump administration’s desire to amass Bitcoin for its recently announced reserve, stating that the government wanted as much Bitcoin as it could get.

While Trump is set to become the first sitting president to address a crypto conference, it is not his first time addressing one. In July 2024, he spoke at the 2024 Bitcoin conference while on the campaign trail. It was at this conference that he first disclosed his Bitcoin reserve plans.

DisClamier: This content is informational and should not be considered financial advice. The views expressed in this article may include the author's personal opinions and do not reflect The Crypto Basic opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.

Author

Okoya David
Okoya David
Okoya David Kio is a crypto enthusiast passionate about understanding what makes the nascent market tick. When he's not pondering about cryptocurrencies, you might find him in a BP debate room trying to proffer solutions to age-old societal problems.

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