US President Donald Trump will appeal to the sector leaders at the first crypto Summit at the White House on Friday. This important activity takes place at a time when regulatory actions and investigations against the crypto currency industry are largely withdrawn.

A new era in crypto currency arrangements

In a statement made by the White House, the summit will be organized with “important founders, CEOs and investors”. David Sacks, Trump’s artificial intelligence and crypto consultant, will chair the summit, and the management of the event will be the director of Trump’s crypto assets working group Bo Hines. In the White House, the White House said, “Following the unfair pressures of the previous administration on the crypto asset sector, President Trump’s policy vision represents a new era for digital financial technology”.

The Crypto Summit takes place at a time when the US Securities and Stock Exchange Commission (SEC) withdrew to many important companies in the sector. Mark T. Uyeda, Coinbase, Gemini, Opensea, Uniswap and Robinhood, under Trump’s direction, announced that investigations have been closed. In addition, conciliation signals were given in the Justin Sun case. A US court rejects the case against Pulsechain and Hex founder Richard Heart due to the overdue of the authority, while the SEC is uncertain whether a new complaint petition will present.

Crypto leaders will participate in the summit in confidentiality

While the identities of the 25 important names to participate in the summit have not yet been announced, the sources say that an official list will be published in the coming days. The White House emphasizes that the aim of the event is to “shape the future of crypto regulations ,, while investors and sector representatives think that the event may be a turning point for crypto asset policies in the US.

Although the crypto markets followed a wavy course before the summit, the price of Bitcoin increased by 2.4 %in the last 24 hours. US -based Spot Bitcoin ETFs have recently recorded net entries, while Blackrock’s IBIT funds continued. On the other hand, the breast coin “Official Trump”, which bears the name of Trump, increased by 18 %to $ 11.24, the lowest level of Friday, to $ 11.24 %.

Sector representatives expect this summit to be the beginning of concrete steps to eliminate regulatory uncertainties in crypto markets. At the summit, forward -looking frames for stablecoins and crypto beings will be discussed. In addition, the idea of ​​creating Bitcoin reserves of the US may be the subject of controversy.