Trump’s Crypto Summit Sets Agenda for U.S. Pivot
WASHINGTON, D.C. — President Donald Trump assured the crypto sector that it’s on new ground in a first-ever summit at the White House on Friday, illustrating what the industry suspected: It’s got friends at every level in Washington.
“I know that many of you have been fighting for years for this, and it’s an honor to be with you at the White House,” Trump said as the White House meeting got underway.
In his brief statement, Trump said he would end his predecessor’s “war on crypto,” praised lawmakers’ legislative efforts and discussed his new Bitcoin reserve.
“Regulators strong armed banks. I mean, they really did – They strong armed banks into closing the accounts of crypto businesses and entrepreneurs, effectively blocking…