2025-03-06
President Donald Trump is set to unveil
a groundbreaking Bitcoin reserve strategy at the upcoming White House Crypto
Summit this Friday, March 7, marking a major shift in U.S. cryptocurrency
policy.
Commerce Secretary Howard Lutnick
revealed the upcoming announcement in an interview with The Pavlovic Today,
highlighting Trump’s commitment to making the United States a global leader in
digital finance.
According to Lutnick, Trump has been a
strong supporter of Bitcoin and is expected to grant it a unique status within
the administration’s new crypto framework.
“The President definitely thinks that
there’s a Bitcoin strategic reserve,” Lutnick said. “The question now is, how
do we handle other cryptocurrencies? That model will be announced on Friday.”
A Shift in U.S. Crypto Policy
The White House Crypto Summit, chaired
by tech entrepreneur David Sacks and former congressional candidate Bo Hines,
is expected to be a pivotal event in shaping the future of U.S. digital asset
regulation.
Trump’s initiative represents a stark
departure from the previous administration’s more restrictive approach to
crypto, which faced criticism from industry leaders for stifling innovation.
In a recent post on Truth Social, Trump
emphasized his vision for a “U.S. Crypto Reserve,” which would provide
regulatory clarity and support for key digital assets.
He stated that his Executive Order on
Digital Assets had directed the Presidential Working Group to establish a
Crypto Strategic Reserve, which would include major cryptocurrencies such as
Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA).
“A U.S. Crypto Reserve will elevate
this critical industry after years of corrupt attacks by the Biden
Administration,” Trump wrote. “We will ensure the U.S. becomes the Crypto
Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
The announcement is expected to provide
much-needed regulatory certainty for the digital asset sector, which has faced
heightened scrutiny in recent years. By positioning the U.S. as a hub for
crypto innovation, the Trump administration aims to attract businesses and
investors back to the country.
Trump’s approach signals a significant
shift in policy, aligning the U.S. with nations that have embraced
cryptocurrency as a vital part of their financial ecosystems. Industry experts
believe that the new framework could lead to increased institutional investment
and economic opportunities within the sector.
With the White House Crypto Summit set
to take place on Friday, all eyes will be on Washington as the administration
unveils its strategy for the future of digital assets. The event could mark a
turning point for the crypto industry, solidifying America’s role as a leader
in global finance.
