This summit was hosted by World Liberty Financial, a crypto business supported by the Trump family, at President Donald Trump's private resort Mar-a-Lago in the United States, attracting approximately 300-500 participants including Wall Street executives, crypto industry leaders, and government officials. 🧠 Key Topics and Summary of Speeches 💰 1. Wall Street's Attitude Shift Toward Digital Assets Goldman Sachs CEO David Solomon stated at the event that he now holds a "very limited amount" of Bitcoin, indicating that traditional financial institutions are changing their stance on crypto from skepticism to cautious engagement. Franklin Templeton CEO Jenny Johnson also discussed the potential for collaboration between traditional finance and the crypto world. 📌 This shift is particularly significant because, in the past, these major institutions held strong skeptical views on crypto, such as calling Bitcoin a "disruption." ⚖️ 2. Policy and Regulatory Discussions: CLARITY Act During the summit, U.S. senators mentioned that the CLARITY Crypto Asset Regulatory Act could be passed before April. This bill aims to provide a clearer regulatory framework for digital assets, specifying which assets fall under securities regulators (like the SEC) and which fall under commodities regulators (like the CFTC).
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📍 Background of the Event
This summit was hosted by World Liberty Financial, a crypto business supported by the Trump family, at President Donald Trump's private resort Mar-a-Lago in the United States, attracting approximately 300-500 participants including Wall Street executives, crypto industry leaders, and government officials.
🧠 Key Topics and Summary of Speeches
💰 1. Wall Street's Attitude Shift Toward Digital Assets
Goldman Sachs CEO David Solomon stated at the event that he now holds a "very limited amount" of Bitcoin, indicating that traditional financial institutions are changing their stance on crypto from skepticism to cautious engagement.
Franklin Templeton CEO Jenny Johnson also discussed the potential for collaboration between traditional finance and the crypto world.
📌 This shift is particularly significant because, in the past, these major institutions held strong skeptical views on crypto, such as calling Bitcoin a "disruption."
⚖️ 2. Policy and Regulatory Discussions: CLARITY Act
During the summit, U.S. senators mentioned that the CLARITY Crypto Asset Regulatory Act could be passed before April. This bill aims to provide a clearer regulatory framework for digital assets, specifying which assets fall under securities regulators (like the SEC) and which fall under commodities regulators (like the CFTC).