President Donald Trump is expected to present a code astatine Blockworks’ Digital Asset Summit (DAS) successful New York City connected March 20. This volition beryllium the archetypal clip a sitting U.S. president has addressed a Bitcoin and crypto conference, highlighting the increasing power of integer assets successful mainstream fiscal policy.
Although this marks his archetypal code arsenic a sitting president astatine a crypto event, Trump has antecedently engaged with the Bitcoin community, having spoken astatine the world’s largest Bitcoin league successful Nashville past summertime portion connected the run trail. His instrumentality to the signifier present arsenic president further highlights the continued enactment from the U.S. authorities connected Bitcoin.
Trump’s code astatine DAS comes lone a mates weeks aft moving guardant with officially integrating Bitcoin into his nationalist strategy, erstwhile helium signed an enforcement bid establishing the U.S. Strategic Bitcoin Reserve, positioning BTC arsenic a cardinal plus for the country’s fiscal future.
Joining the lineup time astatine DAS is Strategy’s Michael Saylor, who volition present a keynote code and prosecute successful a fireside chat with Bitcoin historiographer Pete Rizzo. Additionally, Bloomberg ETF expert James Seyffart volition big a sheet treatment with BlackRock’s Head of Digital Assets Robbie Mitchnick and Nasdaq’s Head of U.S. Equities & Exchange-Traded Products Giang Bui, wherever they volition delve into the evolving scenery of Bitcoin ETFs and organization adoption.
The announcement of Trump’s information follows remarks from Bo Hines, Executive Director connected Digital Assets for President Trump, who spoke earlier this week astatine DAS. Hines reaffirmed the administration’s committedness to accumulating Bitcoin for the Strategic Bitcoin Reserve, stating:
“I deliberation it’s precocious clip that our President started accumulating assets for the American people, which is what President Trump is doing alternatively than taking it away.”
He besides emphasized the administration’s attack to acquiring Bitcoin successful budget-neutral ways, likening BTC accumulation to golden reserves:
“You know, I’ve been asked each the time, it’s similar however overmuch bash you want? Well, that’s similar asking a state however overmuch golden bash you privation – arsenic overmuch arsenic we tin get.”
JUST IN – 🇺🇸 President Trump's Executive Director connected integer assets: "We talked astir ways of acquiring much Bitcoin successful fund neutral ways."
We privation "as overmuch arsenic we tin get." 🚀 pic.twitter.com/zK8PyQK1Rw
Trump’s enforcement bid has already sparked legislative enactment aiming to physique connected this momentum. Senator Cynthia Lummis and Congressman Nick Begich person each proposed plans for the U.S. to get 1 cardinal BTC implicit the adjacent 5 years, ensuring a semipermanent reserve of the scarce asset. Earlier contiguous astatine DAS, House Majority Whip and Congressman Tom Emmer stated that helium believes this authorities volition beryllium enacted “before this legislature is done.”