The White House is preparing for its first crypto summit on Friday, and the biggest names in the industry are competing for an invite. The summit, led by AI and Crypto Czar David Sacks, replaces the now-terminated “crypto council” that Former President Donald Trump once promised.
Formal invites started going out Tuesday, with confirmed attendees such as MicroStrategy’s Michael Saylor, Multicoin Capital’s Kyle Samani, and Paradigm’s Matt Huang. Robinhood CEO Vlad Tenev even teased that he would be there, along with Coinbase and Kraken, who said their CEOs, Brian Armstrong and Arjun Sethi, would attend.
According to reports, the White House Crypto Summit will have a smaller-than-expected guest list featuring government officials from the Presidential Working Group on Digital Assets. A larger reception is planned nearby for those not invited to the roundtable.
Amid increasing infighting within the industry and overwhelming demand for seats, the Trump administration pivoted from a more permanent crypto council. Instead, the White House will convene crypto summits periodically to meet with leaders.
With critical regulatory decisions on the horizon, the event is seen as a sign of things to come for the administration’s approach to digital assets.
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