This summit follows Trump's earlier White House Crypto Summit on March 7, where he committed to making the U.S. the 'crypto capital of the world,' boosting optimism in the industry despite ongoing market volatility.

Since taking office in January 2025, Trump has taken significant steps to support the digital asset sector, including signing an executive order to establish the U.S. Strategic Bitcoin Reserve.

Bo Hines, executive director of the President’s Council of Advisers on Digital Assets, has emphasized the administration's commitment to accumulating Bitcoin in budget-neutral ways, likening it to gold reserves.

In his upcoming speech, Trump is expected to call for Congress to enact clear regulations for stablecoins and market structure, aiming to facilitate innovation in the cryptocurrency sector.

Trump's administration has framed the end of 'Operation Choke Point 2.0' as a move away from regulatory hostility, which is intended to alleviate institutional hesitancy regarding crypto adoption.

In his remarks, Trump will promise that the U.S. is positioned to dominate the cryptocurrency sector, positioning it as a potential successor to traditional financial systems.

His address will be part of a broader discussion on the future and regulation of digital currencies, and it will be livestreamed for wider access.

Key lawmakers and industry leaders, including Representatives Ro Khanna and Tom Emmer, as well as Ripple CEO Brad Garlinghouse and MicroStrategy’s Michael Saylor, will participate in the summit.

Legislators have proposed plans for the U.S. to acquire up to 1 million Bitcoin over the next five years, building a long-term reserve to strengthen the country's position in the crypto market.

Trump's participation at the summit highlights his support for the digital asset industry, which has faced over 100 enforcement actions under the previous administration.

Recent announcements from Ripple Labs indicate a shift in regulatory approach, as the SEC has dropped its enforcement action against the company, signaling potential positive developments for the crypto industry.

U.S. President Donald Trump is set to address the Digital Asset Summit in New York City on March 20, 2025, marking a historic moment as the first sitting president to speak at a cryptocurrency conference.