Trump's White House Crypto Summit is in focus. Will Bitcoin be integrated into US financial strategy?

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White House Crypto Summit: US President Donald Trump is preparing to host the first White House Crypto Summit on March 7. Trump, who has multiple ties to the crypto industry, will host the sector's top players at a White House summit on Friday. Crypto has enjoyed a renewed momentum following his return to the White House in November. The US crypto community rallied behind Trump's campaign, contributing millions of dollars towards his victory over Joe Biden, whose administration tightened regulations and expressed skepticism toward digital currencies. Now, they're seeing their support pay has waded into the space personally as well, partnering with exchange platform World Liberty Financial and launching his own Trump memecoin in January as his wife Melania did the same -- moves that have prompted conflict of interest accusations.

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