White House Announces Urgent Crypto Roundtable for Next Week

A New Era for Crypto Policy

The roundtable will be led by David Sacks, the White House’s Special Advisor for Artificial Intelligence and Cryptocurrency. Sacks, a well-known Silicon Valley investor, has been vocal about fostering an environment where blockchain innovation can thrive in the U.S. His leadership underscores the administration’s commitment to integrating digital assets into the financial system.

President Donald Trump is expected to address attendees, highlighting his administration’s pro-business approach to digital assets. The event will host CEOs, founders, and key investors from the crypto industry, alongside officials from the President’s Working Group on Digital Asset Markets, which includes leaders from the Treasury Department, SEC, CFTC, and the Justice Department.

This working group was established through an executive order signed on January 23, 2025, to develop a comprehensive federal framework for digital asset trading and explore the creation of a national digital asset stockpile.

Shifting Away from Past Regulations

The roundtable marks a shift from the regulatory approach of the previous administration. On his first full day in office, Trump signed an executive order titled “Strengthening American Leadership in Digital Financial Technology,” reversing former President Biden’s Executive Order 14067. The new policy aims to:

• Protect lawful blockchain activities
• Promote dollar-backed stablecoins
• Ensure fair access to banking services for crypto companies
• Ban the development of Central Bank Digital Currencies (CBDCs) in the U.S.

By taking a pro-innovation stance, the administration hopes to establish clear regulatory boundaries that prevent overreach while encouraging responsible digital asset growth.

Industry Reactions and Regulatory Developments

In response to Trump’s executive order, the SEC launched a new Crypto Task Force, led by Commissioner Hester Peirce (often called “Crypto Mom”). Announced on January 21, 2025, this task force aims to create a transparent, predictable regulatory framework for digital assets. Unlike the previous “regulation-by-enforcement” approach, this initiative will focus on:

• Developing practical registration processes for crypto companies
• Implementing sensible disclosure requirements
• Ensuring judicious enforcement actions rather than aggressive crackdowns

This shift has been widely welcomed by the crypto industry, with many viewing it as a fulfillment of Trump’s campaign promise to support crypto-friendly policies. Of particular interest is the executive order’s call to study the creation of a national digital asset stockpile, a move that suggests the administration is considering incorporating crypto into national financial reserves.

Looking Ahead

The March 7 Crypto Roundtable could be a turning point for the industry. With key players from both the public and private sectors coming together, the discussions will likely shape the next phase of U.S. digital asset policy.

By fostering dialogue between lawmakers, regulators, and crypto innovators, the administration hopes to create a balanced approach that supports technological advancements while ensuring economic stability and security.

As the U.S. repositions itself in the global digital finance arena, this upcoming summit is expected to lay the foundation for a new era of regulatory clarity, innovation, and market growth in the crypto space.