The White House on Friday night announced that it would host its first ever "crypto summit" next week, where President Donald Trump is expected to deliver remarks.

The announcement is part of Trump's campaign promise to be the first "crypto president," and follows his executive order that declared “the policy of my Administration [is] to support the responsible growth and use of digital assets … across all sectors of the economy.”

The summit will be held on Friday, March 7, and will feature prominent CEOs, founders and investors from the cryptocurrency industry. Members of the President’s Working Group on Digital Assets will also be present, and the event will be chaired by the White House A.I. & Crypto Czar David Sacks.

"After the previous administration unfairly prosecuted the digital asset space, President Trump’s policy vision represents a new era for digital financial technology," the White House said. "The administration is committed to providing a clear regulatory framework, enabling innovation, and protecting economic liberty."

Misty Severi is a news reporter for Just The News. You can follow her on X for more coverage.