Deepa Shivram

a space that involves trillions of dollars, so many players and a lot of opportunity, but also a lot of volatility and risk and bad actors. So there's a desire here to build a regulatory framework.

a space that involves trillions of dollars, so many players and a lot of opportunity, but also a lot of volatility and risk and bad actors. So there's a desire here to build a regulatory framework.

a space that involves trillions of dollars, so many players and a lot of opportunity, but also a lot of volatility and risk and bad actors. So there's a desire here to build a regulatory framework.

And a lot of folks in the crypto space see this summit as an opportunity to get the ball rolling on those discussions, especially because there are a lot of conversations like this that they feel weren't happening under the Biden administration. Well, what was Biden doing then?

And a lot of folks in the crypto space see this summit as an opportunity to get the ball rolling on those discussions, especially because there are a lot of conversations like this that they feel weren't happening under the Biden administration. Well, what was Biden doing then?

And a lot of folks in the crypto space see this summit as an opportunity to get the ball rolling on those discussions, especially because there are a lot of conversations like this that they feel weren't happening under the Biden administration. Well, what was Biden doing then?

The Biden administration focused on enforcement in trying to crack down on cryptocurrency rather than coming up with the new rules of the road to help the industry and help consumers. Trump's approach so far has been to undo that.

The Biden administration focused on enforcement in trying to crack down on cryptocurrency rather than coming up with the new rules of the road to help the industry and help consumers. Trump's approach so far has been to undo that.

The Biden administration focused on enforcement in trying to crack down on cryptocurrency rather than coming up with the new rules of the road to help the industry and help consumers. Trump's approach so far has been to undo that.

In the last few weeks, his administration has backed away from a lot of the lawsuits and investigations that the SEC, which is the Securities and Exchange Commission, had been doing on crypto businesses. I talked to Campbell Harvey. He's a finance professor at Duke University about the change in approach to crypto.

In the last few weeks, his administration has backed away from a lot of the lawsuits and investigations that the SEC, which is the Securities and Exchange Commission, had been doing on crypto businesses. I talked to Campbell Harvey. He's a finance professor at Duke University about the change in approach to crypto.

In the last few weeks, his administration has backed away from a lot of the lawsuits and investigations that the SEC, which is the Securities and Exchange Commission, had been doing on crypto businesses. I talked to Campbell Harvey. He's a finance professor at Duke University about the change in approach to crypto.

And he says the summit happening today is important because it's a first step in making a framework for cryptocurrency that balances that innovation with protection for consumers.

And he says the summit happening today is important because it's a first step in making a framework for cryptocurrency that balances that innovation with protection for consumers.

And he says the summit happening today is important because it's a first step in making a framework for cryptocurrency that balances that innovation with protection for consumers.

Correct. That's very important to point out. Trump was seen as a very crypto-friendly presidential candidate. He received a lot of financial support from people in the crypto industry who also invested in down-ballot races. And during the campaign, Trump also rolled out his own crypto venture called World Liberty Financial. That's run by Trump's kids, but he has a sizable financial stake in it.

Correct. That's very important to point out. Trump was seen as a very crypto-friendly presidential candidate. He received a lot of financial support from people in the crypto industry who also invested in down-ballot races. And during the campaign, Trump also rolled out his own crypto venture called World Liberty Financial. That's run by Trump's kids, but he has a sizable financial stake in it.

Correct. That's very important to point out. Trump was seen as a very crypto-friendly presidential candidate. He received a lot of financial support from people in the crypto industry who also invested in down-ballot races. And during the campaign, Trump also rolled out his own crypto venture called World Liberty Financial. That's run by Trump's kids, but he has a sizable financial stake in it.

And right before inauguration, Trump and First Lady Melania Trump rolled out their own meme coins. That's a kind of cryptocurrency that the SEC recently said is not subject to oversight, which has raised questions about conflicts of interest.

And right before inauguration, Trump and First Lady Melania Trump rolled out their own meme coins. That's a kind of cryptocurrency that the SEC recently said is not subject to oversight, which has raised questions about conflicts of interest.