Trump will announce Bitcoin backup strategy in the CRIPTO white house summit: report

President Donald Trump was set up to Bitcoin Board Bitcoin Strategy in the Cripto White House Summit

SECRETARY STOCK HOWARD LUNNICK confirmed the plan In conversation with Pavlović, today, stating that Bitcoin would receive special status under Trump Initiative.

“Bitcoin Strategic Reserve is something that president is interested. He was talking about all during the campaign trail and I think you will see it on Friday,” Lutnick said.

The summitPresidenced risky capitalist david bags and Congressman Boy Hines marks a key moment in Trump efforts to position us as a leader in digital finances.

Toward reportsThe summit for the CRIPTO white house will have a small list of guests, which contains leaders in the industry, CEO Coinbase, Roobing Soundev Vlad Tetev and government officials from the Presidential Working Group for Digital Property, and mostly planned nearby, and not referred to nearby.

Administration access Executive order 14178Which describes the framework for encouraging growth in the crypto industry during the distinction of bitcoins as a strategic means.

US Cripto Reserve

Recently stressed his support For digital property about the pronouncements socially, stating that “American CRIPTO reserve” would strengthen the industry after what He called “Corrupt attacks” by Biden Administration.

He also noted that the reservation can include other main cryptocurries like XRP (XRP), Solana (Salt) and Cardano (Ada), next to bitcoin (Btc) and Etherum (El).

“Thus Bitcoin is one thing, and then other currencies, other crypto tokens will, I think it will be treated differently – positive, but otherwise,” Lutnick said.

The Summit is expected to provide further clarity of regulatory administration regulatory plans, which could affect the global landscape of the digital asset.

The announcement on Friday can mark a turning point for the industry, increasing the state of the US government on the CRIPTO.