The White House hosted its first-ever "crypto summit" Friday, convening top executives from various digital asset firms to discuss the Trump administration's commitment to rolling back the aggressive regulatory posture the Biden administration took toward the industry.

The summit was important not only for who was in attendance, but for what the Summit represents for crypto investors, the future of digital assets in U.S. markets, and how the digital asset policy of the U.

President Trump’s crypto summit follows executive orders aimed at boosting an industry whose reputation has been tarnished by scandals and lawsuits.