Trump's Crypto Summit Sets Agenda for U.S. Pivot

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CoinDesk 2d ago

Trump's Crypto Summit Sets Agenda for U.S. Pivot - CoinDesk

Quick Summary:

After ordering a bitcoin reserve, the president ushered crypto CEOs into the White House today to tell them their era of U.S.government resistance to crypto is over.

No new money will be put into non-bitcoin assets, and any active future investments in bitcoin will have to be worked out in a way that doesn't use tax dollars, the official said.

"I also want to express my strong support for the efforts of lawmakers in Congress as they work on bills to provide regulatory certainty for dollar-backed stablecoins and the digital assets market," he said.