Crypto giants to gather at the White House tomorrow
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More than two dozen cryptocurrency executives, investors and prominent figures will gather tomorrow at the White House Crypto Summit to chart the future direction of the space under Trump. The event will likely serve as a platform to promote a number of executive initiatives related to cryptocurrency, with multiple options under consideration, the exclusive sources said. Trump could announce that the government will stop selling cryptocurrencies seized in criminal cases and instead use them to build a national reserve, the exclusive sources said. They also said Trump could issue an executive order to create a real Bitcoin reserve, which would be expected to buy more of the digital currency. Another potential proposal would involve the tax treatment of cryptocurrencies and would likely require congressional review and approval, one of the exclusive sources said. The actions are still under discussion and could end up not being implemented or changing, the people said. BTCUSDBTCUSDBTCUSD
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.