A senior White Home official has confirmed that President Donald Trump’s crypto summit on March 7 is not going to cowl taxes however as an alternative give attention to rolling again damaging insurance policies pursued by the previous Biden administration.
“There’s not going to be something on taxes. You already know, the crypto web is rife with rumors […] I don’t know the way a few of these issues get began,” a senior White Home official stated in a digital preview of the crypto summit held at 10:00 am ET.
As a substitute, the summit will likely be a venue for trade leaders to supply suggestions on rules.
“[T]he President promised throughout the marketing campaign to have a crypto council. He wished to absorb recommendation and suggestions from the trade. That’s the goal of the summit,” they stated.
The senior White Home official confirmed that Bitcoin (BTC) would obtain “particular therapy on the federal authorities’s steadiness sheet.”
US President Donald Trump indicators govt order on March 6 establishing a strategic Bitcoin reserve and separate crypto stockpile. Supply: Margo Martin
This can be a creating story, and additional data will likely be added because it turns into out there.
