On March 7, 2025, President Donald Trump convened a meeting at the White House with leaders from the cryptocurrency sector, affirming a fresh perspective from the U.S. government regarding digital assets.

Key Highlights:

• Trump promised the termination of Operation Chokepoint 2.0.
• He aims to finalize stablecoin legislation by August.
• Introduced an executive order that establishes a Bitcoin reserve for the government.

Trump’s Opening Remarks:

“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.” (Translation: I recognize the struggles many in the crypto community have faced, and it is a privilege to host you here today.)

The summit aimed to reshape the dialogue around cryptocurrency, with Trump emphasizing support for legislative efforts to provide clarity and growth opportunities in the sector. He expressed a desire to halt previous regulatory hostility and foster a more supportive regulatory environment.

Following his address, discussions ensued with executives from major companies like Coinbase, Ripple, and Kraken participating in the live-streamed session. Trump highlighted the significant holdings of Bitcoin by the federal government, framing it as a foundational step in developing the new reserve.