Washington
Crypto world hopes a Trump summit Friday will deliver more of what it wants from Washington
The crypto world is hoping a White House summit on Friday will take it one step closer to getting what it wants from a GOP-led Washington, providing some stability to a market trying to regain the upward momentum it had in the aftermath of Donald Trump’s election victory.
The White House said in a statement that Trump is expected to host and deliver remarks at the “crypto summit” before prominent CEOs, founders, and investors from the industry.
The attendees are expected to include Coinbase Global (COIN) CEO Brian Armstrong, Strategy’s (MSTR) Michael Saylor, Chainlink Labs CEO Sergey Nazarov, and Exodus CEO JP Richardson.
They will be joined by several key members of Trump’s administration, including AI and crypto czar David Sacks and Bo Hines, executive director of a presidential working group on digital assets.
A lot of the discussion is expected to focus on Trump’s talk of a US strategic reserve of cryptocurrencies and the possibility of moving legislation through Congress that could provide more clarity about regulatory oversight of digital assets.
“A big part of it is bringing the leading CEOs of the largest US crypto projects … [with] the private sector and say, ‘Okay, how do we really accomplish Donald Trump’s call to make the US the crypto capital of the planet,’” Perianne Boring, CEO of the Digital Chamber, told Yahoo Finance.
The meeting comes after a period of extreme volatility for digital assets. The price of bitcoin (BTC-USD), the world’s largest cryptocurrency, has whipsawed this week following its worst correction since a 2022 meltdown.
It climbed Wednesday to hover around $90,000. Bitcoin is still down significantly from its all-time high above $109,000 on the day of Trump’s inauguration in January.
Martin Leinweber, digital asset research and strategy director for indexing firm MarketVector, told Yahoo Finance the crypto world had become too euphoric about how quickly Trump could deliver on his promises to the industry.
“There was too much hopium priced in since November for Trump and how good he and his team is for crypto, because it takes longer than just a few weeks to come up with how to do all of this,” Leinweber said.
How the Trump administration might deliver on its promise of a crypto reserve isn’t clear.
The president said Sunday in a social media post on Truth Social that such a reserve would include bitcoin, ethereum (ETH), XRP (XRP), solana (SOL), and cardano (ADA). He had not previously spelled out which digital assets would be included.
Technically, the president can take a step toward a stockpile by stopping any selling of the seized and forfeited crypto assets already managed by the US Marshals Service, but to make the reserve permanent or incorporate a buying program, the preferred route is passing legislation in Congress.
WASHINGTON TWP., N.J. — Officers in Washington Township, said they finished a DoorDash food delivery after arresting the driver who had warrants out for his arrest.
Body camera video shows officers stepping in to deliver the food themselves, a move the department in southern New Jersey later shared on its Facebook page.
“I thought something happened. Oh my God, I got so scared,” said the customer when she answered the door.
The DoorDash customer, seen on police body cam video, was instantly relieved and appreciative upon learning why officers were at her door.
“Arrested your driver, but, yeah, we delivered your food,” one of the officers said.
It turns out a Washington Township police officer stopped the DoorDash driver during routine patrols in front of a high school over the weekend.
“He made a stop on it for a violation,” said Washington Township Police Chief Patrick Gurcsik.
But then, Chief Gurcsik said the officer learned the driver had warrants out for his arrest in another county.
“He made the officers aware that he had two DoorDash meals in the car that he was in the middle of delivering,” Gurcsik said.
The officers went from cuffing the driver to ringing a doorbell to finish his delivery.
“I never heard of anything like that in the South Jersey area. It’s sort of a first for us here in Washington Township, definitely,” Gurcsik said.
Police finish DoorDash delivery after arresting driver in New Jersey
It’s happened in other places, too, including in New Mexico last summer, when a motorcycle cop delivered someone’s Chick-fil-A order after arresting the driver.
“Hello, sir, got your DoorDash. Oh, thank you,” the officer said. “He’s a good kid, give him five stars. He just didn’t take care of a simple insurance ticket.”
And officers over in Arizona made a similar arrest during a traffic stop and were seen on body camera finishing the delivery.
“Your GrubHub, still delivered your pizza,” the officer said.
“We definitely serve the community in more ways than one,” Gurcsik said.
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SEATTLE — A bill aimed at tightening Washington’s laws on child sex abuse material is headed to Gov. Bob Ferguson’s desk after clearing the Legislature unanimously.
King County Prosecuting Attorney Leesa Manion said 2ESSB 5105 passed the House unanimously Tuesday night after the Senate unanimously approved it on Jan. 28, 2026.
SEE ALSO | Washington exempts clergy from reporting abuse learned in confession after settlement
Manion called the measure one of her public safety legislative priorities.
“People who peddle in the misery of sexually abused children must be held accountable,” Manion said. “I am grateful for the work of Senior Deputy Prosecuting Attorney Laura Harmon – both in prosecuting these cases and advocating for these legal fixes – and Senators Tina Orwall and Manka Dhingra for championing this legislation.”
Manion’s office said the current state law has gaps that can prevent prosecutors from holding offenders accountable in some cases.
Under current law, prosecutors cannot charge defendants for creating images of child sex abuse unless the child victim was conscious or knew they were being recorded.
The office also said that possessing sexually explicit fabricated (AI) images of non-identifiable minors is not considered child sex abuse material under Washington law.
The bill would update RCW 9.68A.040 to remove the requirement that a child be aware of an abusive recording. It would also update the definition of child sex abuse material to include fabricated (AI) images of non-identifiable minors.
The legislation would also increase the statute of limitations to 10 years for depiction crimes. Manion’s office said the current statute of limitations is three years, and argued that because the images can remain online indefinitely, victims can be re-traumatized for decades.
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