Donald Trump to reportedly unveil Bitcoin reserve strategy at White House crypto summit

Share This Post

US President Donald Trump is reportedly preparing to unveil the Bitcoin Reserve Strategy at the upcoming White House Crypto Summit on March 7, according to The Pavlovic Report.

According to the report, Commerce Secretary Howard Lutnick confirmed that President Trump will outline his vision for the crypto industry during the event. His address will include a strategy for a Bitcoin reserve alongside broader regulatory plans for digital assets.

Lutnick noted that while the President supports the creation of a Bitcoin Strategic Reserve, discussions on the regulatory approach for altcoins are ongoing.

Lutnick said:

“A Bitcoin strategic reserve is something the President’s interested in. He spoke about it all during the campaign trail, and I think you’re going to see it executed on Friday.”

Meanwhile, Lutnick also confirmed that Bitcoin will receive special recognition under Trump’s plan, while other cryptocurrencies will be handled differently under the new policy.

According to Lutnick:

“So Bitcoin is one thing, and then the other currencies, the other crypto tokens, I think, will be treated differently—positively, but differently.”

This clarification is necessary, considering Trump’s recent social media post hinted that the crypto reserve plan might include multiple assets such as Ethereum, Solana, Cardano, and XRP.

Key attendees

The White House Crypto Summit will bring together prominent industry figures to discuss regulatory clarity, financial innovation, and economic growth opportunities.

Strategy chairman Michael Saylor confirmed on X that he has been invited to the event, which will be hosted by the President. Strategy is the largest public holder of Bitcoin in the world, with nearly 500,000 BTC.

Bitcoin Magazine CEO David Bailey and executives from leading US crypto trading platforms, including Coinbase’s Brian Armstrong, Kraken’s Arjun Sethi, and Robinhood’s Vlad Tenev, will also attend.

Fox Business reporter Eleanor Terrett noted that several high-profile industry players, including Chainlink co-founder Sergey Nazarov, have also confirmed their participation.

Additionally, venture capitalists, such as Paradigm co-founder Matt Huang and Multicoin Capital managing partner Kyle Samani, will also be present.

Huang emphasized the importance of US leadership in crypto innovation, stating:

“I look forward to discussing how America can take a leadership role in promoting the principles of open crypto and enabling builders in ecosystems such as Bitcoin, Ethereum and Solana.”

The post Donald Trump to reportedly unveil Bitcoin reserve strategy at White House crypto summit appeared first on CryptoSlate.

Read Entire Article
spot_img
- Advertisement -spot_img

Related Posts

Best Meme Coins to Buy as Large Whale Buying Hints at an Upcoming Litecoin Rally

A cheaper and faster blockchain network, Litecoin is widely used for payments and remittances, as well as a store of value Great news for Litecoin investors is that institutional investors have

Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1?

The post Dogecoin Price Prediction 2025, 2026 – 2030: Will DOGE Price Hit $1 appeared first on Coinpedia Fintech News Story Highlights The price of Dogecoin today is Dogecoin price may reach a

Ripple Price Forecast: Analyst Predicts XRP Could Hit $30-$800—Here’s the Expected Timeline; XYZVerse Surpasses $9M in Presale Amid Market Resurgence

The post Ripple Price Forecast: Analyst Predicts XRP Could Hit $30-$800—Here’s the Expected Timeline; XYZVerse Surpasses $9M in Presale Amid Market Resurgence appeared first on Coinpedia Fintech

Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2?

The post Cardano Price Prediction 2025, 2026 – 2030: Will ADA Price Hit $2 appeared first on Coinpedia Fintech News Story Highlights The live price of the Cardano token is ADA coin price could

Utah pivots away from state Bitcoin reserve in landmark crypto legislation

Utah’s State Senate has stripped a provision for a state-backed Bitcoin reserve from its recently passed crypto bill The Blockchain and Digital Innovation Amendments bill (HB230) aims to

El Salvador Defies IMF Pressure, Buys 6 Bitcoins Amid Market Dip

The post El Salvador Defies IMF Pressure, Buys 6 Bitcoins Amid Market Dip appeared first on Coinpedia Fintech News El Salvador bought 5 more Bitcoins on Sunday, in addition to its usual 1 BTC per day