This is what happened with Crypto today

At Crypto, the Ethereum Foundation announced its new leadership, and US President Donald Trump held the first White House Script Summit on March 7, bringing together industry leaders to announce the launch of the Regulations, Stubcoin, Bitcoin Reserve Act, and the Chicago Commercial Exchange (CME) Group in March.

Ethereum Foundation selects two individuals to lead the organization

The Ethereum Foundation announced its new leadership on March 1, appointing longtime Ethereum developer Hsiao-Wei Wang and Nethermind CEO Tomasz Stańczak as co-directors of the organization.

Wang has seven years of experience as a core researcher at the foundation, and Stańczak has raised Nezamind from small projects to one of Ethereum’s biggest execution clients and global companies.

According to an announcement by the Ethereum Foundation, both individuals will assume the role of co-director on March 17th.

“This marks an exciting new chapter in the evolution of the Foundation as it continues to support the growing Ethereum ecosystem,” added the Foundation’s spokesman.

This change comes at a difficult time in the price of Ethereum ecosystem and struggling ether (ETH) as investors and the Ethereum community are seeking a change in direction.

Trump will hold its first White House Script Summit on March 7th

US President Donald Trump will host his first White House Script Summit on March 7th to bring together industry leaders to discuss regulatory policies, stable surveillance, and the potential role of Bitcoin in the US financial system.

According to an announcement from the White House “AI and Crypto Czar,” attendees include “prominent founders, CEOs and investors of the Crypto industry” along with members of the president’s working group on digital assets, along with “famous founders, CEOs and investors,” according to an announcement shared by David Sacks on the X Post on March 1.

The summit will be managed by Bohines, the Sack chair and executive director of the working group.

Sachs was appointed White House Script, AI and Emperor on December 6, 2024, and “just addressing a legal framework, the crypto industry can thrive in the United States with the clarity it has sought,” Trump wrote in the announcement.

Chicago Commercial Exchange Group launches Solana Futures on March 17th

Chicago Mercantile Exchange (CME) Group, a globally recognized derivatives exchange, announced on March 17 that it launched Solana (SoL) futures contracts, awaiting review by US financial regulators.

According to a February 28 announcement, market participants will have access to standard contract size micro contracts of 25 SOL or 500 SOL, with all contracts set for cash.

CME Group has already offered Bitcoin (BTC) and Ether (ETH) futures and options contracts for investors looking to hedge against the highly unstable nature of these digital assets.

By adding Solana futures contracts, traditional financial investors will give the crypto market additional exposure and provide fresh capital injections to the crypto market to support prices.