U.S. President Donald Trump will host top crypto industry leaders at the White House on Friday, marking a significant shift in the administration’s approach to digital assets.

The summit comes as the cryptocurrency sector enjoys renewed momentum following Trump’s election victory.

The event, led by Trump’s newly appointed “crypto czar,” Silicon Valley investor David Sacks, will bring together prominent figures in the space, including Gemini founders Cameron and Tyler Winklevoss. Reports suggest that Coinbase CEO Brian Armstrong and Michael Saylor, the head of Bitcoin investment firm MicroStrategy, will also be in attendance.

Trump’s engagement with the industry has been personal as well as political. In January, he launched his own “Trump” memecoin in partnership with the exchange platform World Liberty Financial, following a similar move by former First Lady Melania Trump.

These ventures have drawn accusations of conflicts of interest.

During his campaign, the crypto community overwhelmingly backed Trump, pouring millions into his effort to unseat Joe Biden, whose administration had taken a more skeptical stance on digital currencies and imposed tighter regulations. Now, industry players are looking for policies that will accelerate crypto adoption and provide long-sought legitimacy.

The summit comes at a crucial time for the sector, which continues to grapple with the fallout from the collapse of FTX, once one of the world’s largest crypto exchanges. Its founder, Sam Bankman-Fried, was convicted of fraud and is currently serving a 25-year prison sentence.

For advocates, cryptocurrencies represent a financial revolution, offering an alternative to centralized banking and serving as a hedge against inflation and political instability. Bitcoin, the world’s most traded digital asset, is increasingly compared to gold as a store of value.

However, critics warn that digital assets remain highly speculative and vulnerable to abuse. Law enforcement agencies have raised concerns over their potential use in money laundering, while the rise of “memecoins” – cryptocurrencies based on internet trends or celebrities rather than technical innovation – has fueled worries about market manipulation and pump-and-dump schemes.

Despite his past skepticism, Trump has now positioned himself as a champion of crypto innovation, declaring his intent to make the United States a global leader in digital finance. The upcoming summit is expected to set the tone for his administration’s policies on the industry moving forward.

The summit comes as the cryptocurrency sector enjoys renewed momentum following Trump’s election victory.

The event, led by Trump’s newly appointed “crypto czar,” Silicon Valley investor David Sacks, will bring together prominent figures in the space, including Gemini founders Cameron and Tyler Winklevoss. Reports suggest that Coinbase CEO Brian Armstrong and Michael Saylor, the head of Bitcoin investment firm MicroStrategy, will also be in attendance.

Trump’s engagement with the industry has been personal as well as political. In January, he launched his own “Trump” memecoin in partnership with the exchange platform World Liberty Financial, following a similar move by former First Lady Melania Trump. These ventures have drawn accusations of conflicts of interest.

During his campaign, the crypto community overwhelmingly backed Trump, pouring millions into his effort to unseat Joe Biden, whose administration had taken a more skeptical stance on digital currencies and imposed tighter regulations. Now, industry players are looking for policies that will accelerate crypto adoption and provide long-sought legitimacy.

The summit comes at a crucial time for the sector, which continues to grapple with the fallout from the collapse of FTX, once one of the world’s largest crypto exchanges. Its founder, Sam Bankman-Fried, was convicted of fraud and is currently serving a 25-year prison sentence.

For advocates, cryptocurrencies represent a financial revolution, offering an alternative to centralized banking and serving as a hedge against inflation and political instability. Bitcoin, the world’s most traded digital asset, is increasingly compared to gold as a store of value.

However, critics warn that digital assets remain highly speculative and vulnerable to abuse. Law enforcement agencies have raised concerns over their potential use in money laundering, while the rise of “memecoins” – cryptocurrencies based on internet trends or celebrities rather than technical innovation – has fueled worries about market manipulation and pump-and-dump schemes.

Despite his past skepticism, Trump has now positioned himself as a champion of crypto innovation, declaring his intent to make the United States a global leader in digital finance. The upcoming summit is expected to set the tone for his administration’s policies on the industry moving forward.

Federal Capital Territory (FCT) Minister Nyesom Wike yesterday arrived Milan, Italy, ahead of official engagements with the President of Lombardy Region, Attilio Fontana.

Wike is also expected to meet with agribusiness investors in the country.

The minister’s Senior Special Assistant on Public Communications and Social Media, Lere Olayinka, announced this in a statement in Milan.

The statement said Wike departed Abuja on Tuesday night and arrived in Milan around 4:30 a.m. yesterday. He was received by the Charge d’Affairs of the Embassy of Nigeria in Italy, Ambassador Mustapha Mohammed.

“While in Milan, the FCT minister will hold a meeting with the President of Lombardy Region on Thursday, and also meet agribusiness investors.

“Lombardy is adjudged as the first region of Italy in terms of economic importance, with a population of about 10 million people. It is the second most populous region of the European Union (EU) and the second region of the European Union by nominal Gross Domestic Product (GDP).

“The FCT minister’s meeting with the Attilio Fontana will centre on seeking collaboration and evaluating possible prospects in the areas of Agriculture and Vocational Education, as well as strategic development partners with the Lombardy Region.

“Subsequently, Wike will meet investors in agribusiness and experts in vocational training, with a view to unlock new opportunities.

“The FCT Mandate Secretaries for Education, Dr. Danlami Hayyo, and Mandate Secretary for Agriculture and Rural Development, Lawan Geidam, as well as the Senior Special Assistant on Administration, Dr. Udo Samuel Atang, and Senior Special Assistant on Legal and Multi-Lateral Cooperation, Benedict Daudu, accompanied the Minister on the trip,” the statement said.

The House of Representatives Minority Caucus advises Muslim faithful across Nigeria to abide by the tenets of Islam, pray for peace, unity and national security this Ramadan.

This was contained in a statement jointly signed by the caucus leaders,  Rep Kingsley Chinda, Ali Isa JJC Minority Whip, Isa Madaki Deputy Leader and George Ozodinobi Deputy Minority Whip.

The caucus said “we congratulate the entire Muslim Ummah on the commencement of this year’s Holy Month of Ramadan; which is one of the major tenets of Islam.

“Conscious that Ramadan is a sacred time for spiritual growth; renewal of utmost believe in our Creator; time for seeking forgiveness, and direction.

” We urge all Muslim faithful to use this period to among other requests; pray for peaceful co-existence, love, unity, and development in Nigeria.

” Also, we urge the Muslim Ummah to pray for the security, and protection of lives and properties across the country, where, sadly, blood birth is gradually resuming in our communities.

“As we warmly felicitate with all Muslim faithful for being alive in good health to observe the Ramadan fasting, we counsel that, in this sacred month, all followers of Prophet Muhammad (S.A.W), Peace Be Upon Him, should embrace deep reflections, renewed faith, and demonstrate gestures of kindness to all and sundry.

“As admonished in Islam teachings, we urge our brothers and sisters to consciously extend acts of compassion, generosity, and good neighborliness towards all, especially the needy, and less privileged in the society.

“Given our firm commitment to the preservation of the lives of all Nigerians, and the need to deepen good governance, the Caucus calls on Federal Government to tackle the resumed cases of killings in the society.

“It is imperative to also call on all security agencies to ensure that such cases of killings, maiming, and bloodletting are comprehensively curtailed during the Holy Month of Ramadan, and post-fasting period.

“Finally , as Muslim faithful rededicate themselves, and reflect on the purpose and lessons of Ramadan, we are confident that Almighty Allah will accept the fasting, prayers, and supplications as an act of Ibadah, Amin.

Ramadan Kareem!!!