Former President Donald Trump, often referred to as America’s “first crypto president,” is set to host a White House summit focused on cryptocurrency. The event, scheduled for next Friday, underscores growing discussions around digital assets and blockchain technology within the U.S. government. The crypto market has shown signs of optimism recently, with Bitcoin trading above $84,000 amid easing fears and positive developments such as BlackRock’s involvement. However, the industry also faces increasing regulatory scrutiny as it navigates the complexities of compliance and innovation. This marks the White House’s first major step in addressing the opportunities and challenges posed by the rapidly evolving crypto landscape. — news from Axios
