The White House will host an important crypto currency summit on March 7. At the summit, sector representatives and government officials will come together to discuss the US crypto monetary policies. Event, former President Donald Trump’s Strategic Bitcoin $89,294.82 It was organized immediately after the execution order for the plan to create a reserve. The sector will discuss the global role of the US in this field.
Who will participate in the summit, what will be discussed?
The event will include Michael Saylor, the founder of Microstrategy, Coinbase CEO Brian Armstrong and the White House’s artificial intelligence and crypto money official David Sacks. In speeches, the US position in the global crypto currency market, uncertainty of regulations and financial strategies will come to the fore.
Marc Beckman evaluated the summit as “a historical step towards making the USA center of the digital economy”. Authorities will emphasize that different types of crypto currency should be identified and the regulatory framework should be clarified. Discussions will also focus on technological and financial transformation issues.
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Arrangements, criticisms and strategic plans
Some experts think that the summit may be insufficient in providing regulatory clarity. Critics say that the limited list of guests may prevent the process from being carried out with broad participation. CARDANO 
$0.882507Charles Hoskinson, the founder of the Congress, said that the legislative role of Congress is critical. He said that sector representatives should cooperate closer to the Congress for crypto currency regulations.
The summit will include the effects of Trump’s execution order on 6 March. The executive order includes the use of seized Bitcoins as a strategic financing tool. Authorities, taking into account the US budget, new Bitcoin purchases should be evaluated. Michael Saylor proposed purchasing methods that would not affect the budget negatively. David Zell, on the other hand, explained how the Ministry of Commerce’s money market funds can be used in this process.
The summit in the White House is expected to strengthen the cooperation between the government and the crypto currency sector. Regulatory framework and economic strategies will be decisive in this process. Discussions are expected to play an important role in shaping the US national crypto monetary policies.
Responsibility Rejection: The information contained in this article does not contain investment advice. Investors should be aware that crypto currencies carry high volatility and thus risk and carry out their operations in line with their own research.
