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Trump to Host Crypto Summit to Hash Out Crypto Regulations Come 7 March, President Donald Trump will play host to the first-ever White House Crypto Summit, connecting industry leaders, investors, and members of the President’s Working Group on Digital Assets. The event will be led by White House AI & Crypto Czar David Sacks and Bo Hines, the executive director of the working group, with Trump delivering remarks at the inaugural gathering. Sacks, a South African-American venture capitalist, was appointed to the newly created AI & Crypto Czar position in December, signalling the administration’s commitment to the sector. Since taking office, he has prioritised key initiatives, including evaluating a US Bitcoin strategic reserve, developing a stablecoin regulatory framework, and pushing for updated SEC guidelines that favour crypto innovation. President Trump will host the first White House Crypto Summit on Friday March 7. Attendees will include prominent founders, CEOs, and investors from the crypto industry. Look forward to seeing everyone there! pic.twitter.com/PEynzDuAOt — David Sacks (@davidsacks47) March 1, 2025 The release said: "Attendees will include prominent founders, CEOs, and investors from the crypto industry, as well as members of the President's Working Group on Digital Assets." The White House has not disclosed the full list of summit attendees but emphasized in a press release that the administration is focused on establishing clear regulations while fostering innovation and economic freedom. The summit follows Sacks’ recent public remarks alongside congressional leaders, marking his first major address as Trump's crypto policy chief. He noted at press conference: "We want to keep that innovation onshore in the US. Financial assets are destined to become digital, just like every analog industry has become digital, and we want that value creation to happen in the United States, rather than giving it away to other countries." Current Administration Takes Jab at Former Administration The administration also condemned its predecessor for what it described as the unjust targeting and prosecution of the digital asset industry. The press release stated: "After the previous administration unfairly prosecuted the digital asset space, President Trump's policy vision represents a new era for digital financial technology. The administration is committed to providing a clear regulatory framework, enabling innovation and protecting economic liberty." Crypto Summit News Leaves Bitcoin Maxis Unimpressed Reactions to the summit were mixed within the crypto community, with some still recalling the high-profile ‘Crypto Ball’ in Washington, D.C., held before the inauguration. That event coincided with the launch of Trump’s meme coin, which briefly surged to a $14.5 billion market cap before plummeting by two-thirds, leaving many small traders at a loss. Longtime Bitcoin holder and Austrian economist Carl Menger voiced his frustration. Fuck them Crypto. Disgusting Shitcoin show. — Carl ₿ MENGER ⚡️🇸🇻 (@CarlBMenger) March 1, 2025 Meanwhile, the Bitcoin Therapist championed Bitcoin as the preferred alternative. Just say Bitcoin, it’s honest and more transparent. 99% of crypto are online gambling tokens with no purpose or utility. — The ₿itcoin Therapist (@TheBTCTherapist) March 1, 2025 Others, however, simply urged the president to avoid launching another meme coin. Ultimate Goal to Propel America to be the Global Leader in Crypto In a late Friday statement, the White House reaffirmed Trump’s commitment to becoming “America’s first crypto president” by establishing a clear regulatory framework that fosters innovation while protecting economic liberty. The administration criticised its predecessor for what it called unfair prosecutions of the digital asset industry and pledged to end regulatory uncertainty. The announcement follows Trump’s executive order creating an internal working group, chaired by Sacks, to position the US as a global leader in crypto. The group will focus on regulating a national crypto stockpile and developing a stablecoin framework. The order also repeals a directive from former President Joe Biden that sought to establish its own crypto regulations and explicitly bans the creation of a US central bank digital currency (CBDC). Will this summit finally bring long-awaited regulatory clarity, or will key questions remain unanswered?

There's so many talented and ambitious people in this space that should work together to start actual businesses. With how many hours people put into trading with nothing to show for your efforts would be better rewarded building something. And then using crypto and NFTs to facilitate buying ownership into these startups and having profit share. Bringing real world businesses on chain and redefining what utility token actually means. Investors could then be able to trade entries and ownership of startups generating revenue. Claiming quarterly dividends and essentially creating a new ecosystem. A true vision of decentralizing finance and business. The SEC will not currently allow this because these would be unregistered securities and threaten the stock market but the direction we are heading I believe STOs (Security token offerings) will eventually be approved even if they are heavily regulated.

Ripple CEO Brad Garlinghouse took to social media platform X on March 2 to weigh in on President Donald Trump’s announcement of a “Crypto Strategic Reserve,” which includes XRP along with bitcoin and other top cryptocurrencies. Responding to White House Crypto Czar David Sacks, who praised Trump’s move as part of his commitment to making the U.S. the “Crypto Capital of the World,” Garlinghouse emphasized the need for industry collaboration. “I’ve said this before — the crypto industry will achieve our goals (and beyond), if we work together. Appreciate the crypto President Trump’s vision of a govt digital asset reserve representative of the industry,” he opined. The Ripple CEO added: Maximalism is the enemy of the industry’s progress. Glad to see POTUS recognizing we live in a multichain world and that we’re finally moving past Bill Hinman and the Biden administration’s SEC very broken thinking. On March 2, Trump announced a U.S. strategic cryptocurrency reserve, including bitcoin (BTC), ethereum (ETH), XRP, solana (SOL), and cardano (ADA), aiming to boost America’s crypto leadership. Garlinghouse frequently criticized former U.S. Securities and Exchange Commission (SEC) Corporation Finance Director Bill Hinman’s 2018 speech, which classified ETH as not a security, citing regulatory inconsistencies, particularly during Ripple’s lawsuit. He also criticized the SEC under Gary Gensler for aggressive enforcement against crypto firms like Coinbase and Binance, arguing that such actions hinder innovation and create uncertainty. His comments reflect frustration over unclear regulations and call for a more balanced, multichain-friendly approach. Looking ahead, Garlinghouse signaled his commitment to advocating for the industry in Washington, stating: I will certainly continue to champion this while in Washington at the end of this week. The Ripple executive is expected to attend the inaugural White House Crypto Summit on March 7, hosted by President Donald Trump. This summit aims to bring together prominent crypto founders, CEOs, and investors to discuss the future of cryptocurrency regulation and innovation in the United States. His engagement aligns with growing calls for clearer regulatory frameworks and government support for digital assets beyond just bitcoin. 免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。

SEC backs off, and MetaMask moves forward! Multi-chain support & gas-free transactions boost adoption. Learn how these updates impact the industry. SEC Retreats, MetaMask Expands: Gas-Free Transactions & Multi-Chain Support MetaMask, a top crypto wallet provider, is now supporting Bitcoin and Solana, stepping away from its mainly Ethereum-based system. This expansion allows users to manage assets on multiple blockchains without leaving the wallet ecosystem. This company also aims to facilitate Gas-free crypto transactions, enhancing the transaction process and user experience. Meanwhile, the US Securities and Exchange Commission has also ended its case against ConsenSys, the wallet’s parent company. This action marks a less aggressive regulatory approach towards crypto. These changes visualize a positive future for this crypto wallet provider, driven by both new technologies and regulatory developments. MetaMask’s Evolution into a Multi-Blockchain Powerhouse MetaMask, a leading self-custodial wallet, plans to add Bitcoin and Solana support. It will begin supporting Solana in May, marking the first non-EVM blockchain on MetaMask. Bitcoin support will follow in Q3. With the BTC market cap at about $1.1T and SOL at $45B, this update seems essential for further adoption. Such updates position MetaMask as a more all-inclusive wallet, cutting down on the need for multiple platforms. This change is part of an industry-wide change and push for interoperability in the cryptocurrency space, aiming for easier asset management. Furthermore, MetaMask is striving to cut down on high transaction fees and enhance the overall user experience. As such, this expansion also helps MetaMask users manage their assets more efficiently across different networks. MetaMask’s Vision: One-Click Swaps & No Gas Fees As shown in the image above, MetaMask has revamped its home screen and is now showcasing assets from various blockchains together. This eliminates the need to toggle between networks manually. Another update in the company’s roadmap is achieving gas-free crypto transactions, aiming to simplify and reduce costs for users. This is because gas fees fluctuate rapidly with network congestion, complicating the transaction process for the users. Image 1 – Provided by MetaMask, published on Tradingview on Feb 28, 2025 MetaMask is also set to roll out “gas-included swaps,” where fees can be paid in any token, not just ETH. Additionally, the adoption of ERC-5792 will support batching actions like swapping tokens with a single click, saving time and money. This aligns with MetaMask’s commitment to streamline crypto handling for all user levels. Despite these technological strides, regulatory issues continue to pose challenges. However, recent SEC developments suggest a more pro-crypto stance may be emerging. The End of Hostility? SEC’s Retreat Sparks Hope Joe Lubin, CEO of ConsenSys, revealed a significant SEC decision on an X post on Thursday. He announced that the SEC had concluded its enforcement action against ConsenSys. MetaMask parent company was previously labeled an unregistered securities broker by the SEC. This turnaround is part of a larger trend, as the SEC has also dismissed cases involving other top crypto organizations. Under the new Acting Chair Mark Uyeda, the SEC crypto regulation update includes moving away from the forceful “regulation by enforcement” method. This policy was mostly used under ex-Chair Gary Gensler. As regulations become more consistent, MetaMask and other platforms may drive broader crypto adoption and acceptance. <blockquote class=”twitter-tweet”>&mdash; Joseph Lubin (@ethereumJoseph) </blockquote> I'm pleased to announce that Consensys and the SEC have agreed in principle that the securities enforcement case concerning MetaMask should be dismissed. Subject to the approval of the Commission, the SEC will file a stipulation with the court that effectively closes the case.… — Joseph Lubin (@ethereumJoseph) February 27, 2025 Crypto Future: Innovation and Regulation Are Evolving As MetaMask expands and adapts to the latest SEC crypto regulation update, the crypto landscape is set for significant changes. Should MetaMask manage to incorporate Bitcoin and Solana and eliminate gas fees, it might become the most accessible crypto wallet. This is because such enhancements could prompt widespread adoption by solving some major obstacles in crypto transactions. Simultaneously, the SEC’s more lenient approach indicates that upcoming regulations could be more foreseeable. This predictability allows businesses to concentrate on innovation over legal issues. Looking ahead, increased cooperation between regulators and crypto entities may cultivate a stable environment, supporting the broader acceptance of cryptocurrencies. The post SEC crypto regulation update – Gas-free crypto transactions appeared first on Coinfomania.

VeChain has emerged as a front-runner in creating a scalable solution for real-world business applications since its inception in 2015 by Sunny Lu. According to crypto analyst Michaël van de Poppe, VeChain is uniquely positioned due to its real-world applications and incentive-driven ecosystem, making it one of the most promising projects in the blockchain industry. Despite the recent market correction, VeChain has continued to build and innovate. Van de Poppe suggests that such periods offer a prime investment window, as undervalued projects with strong real-world utility tend to rebound over time. In his X post, he emphasized that: 💬 VeChain is valued at $3B, but the market they are focusing on is north of $ 10T. There’s a big opportunity ahead of us as the sustainability topic continues to expand and continues to rise in importance. 🔸 VeChain’s Vision: Solving Sustainability Challenges A crucial addition to VeChain’s ecosystem was the launch of VeBetterDAO in July 2024, powered by the $BT3R token, which users earn through sustainable actions. Community members can also participate in governance by creating proposals using VOT3 tokens. This initiative addresses a long-standing challenge in blockchain: ensuring fair rewards for all ecosystem participants. As Michaël van de Poppe emphasizes: 💬 The trilemma consists of all participants of the ecosystem, and in the past few years, it was hard to figure out a structure that rewards all those participants for actions being done within the ecosystem. At the core of VeChain’s innovation is its commitment to sustainability. Michaël van de Poppe highlights a key issue in traditional economic systems, stating: 💬 Traditional systems don’t reward sustainable actions. Sustainable actions are required to improve the climate on our globe, making us aware of the impact we’re making. #VET #VeChain