Rep. Tom Emmer expressed his appreciation for participating in the White House Crypto Summit, stating that the president is taking a leadership role by convening top experts and taking steps to maintain the United States' position at the forefront of innovation. He made this statement in a March 7 post on X.
"I was honored to participate in @POTUS ' White House Crypto Summit today," said Tom Emmer, Representative. "He has been an incredible leader in this space, assembling a team of the most informed policy experts while taking decisive action to ensure the U.S. remains at the forefront of innovation. America is back!"
According to a report by Reuters, industry leaders gathered at President Donald J. Trump's White House crypto summit to discuss regulatory clarity and the government's role in digital assets. Trump promoted his plan to create a federally controlled reserve of seized cryptocurrency, emphasizing that it would not impose costs on taxpayers. The event included major figures such as Coinbase CEO Brian Armstrong, MicroStrategy's Michael Saylor, and the Winklevoss twins. The summit marked a significant moment in shaping the future of U.S. crypto policy under his administration.
Rep. Tom Emmer's post
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A newly formed Congressional Crypto Caucus represents a bipartisan effort to advance policies supporting the growth of the digital asset industry in the U.S. According to a press release from Emmer’s office, the caucus will serve as a coordinated group advocating for regulatory clarity, innovation, and consumer protections in the crypto space. This initiative comes as lawmakers debate major legislative efforts, including stablecoin and market structure bills.
President Trump signed an executive order establishing a strategic bitcoin reserve and a U.S. digital asset stockpile, aiming to strengthen the country’s role in digital asset management. The reserve will hold bitcoin seized through forfeiture proceedings, with agencies evaluating options to transfer holdings. The stockpile will include other digital assets acquired similarly, with oversight from the Treasury Department. The order seeks to centralize government-held cryptocurrency, prevent premature sales, and enhance strategic management.
Emmer, representing Minnesota's 6th congressional district, has been a vocal advocate for cryptocurrency and blockchain technology. As House Majority Whip and a member of the House Financial Services Committee, he has introduced several bills aimed at providing regulatory clarity for digital assets and fostering innovation in the financial technology sector.
