Howard Lutnick Reveals: Trump to Unveil Bitcoin Reserve Strategy at White House Crypto Summit
Commerce Secretary Howard Lutnick tells The Pavlovic Today that President Trump will unveil a Bitcoin reserve strategy at the White House Crypto Summit, marking a major shift in U.S. crypto policy.
Trump, who has positioned himself as a staunch advocate for the crypto industry, outlined his stance on Bitcoin strategic reserve in a recent post on Truth Social, stating:
“A U.S. Crypto Reserve will elevate this critical industry after years of corrupt attacks by the Biden Administration, which is why my Executive Order on Digital Assets directed the Presidential Working Group to move forward on a Crypto Strategic Reserve that includes XRP, SOL, and ADA. I will make sure the U.S. is the Crypto Capital of the World. We are MAKING AMERICA GREAT AGAIN!”
Trump’s push to establish the U.S. as the “crypto capital of the world” will attract innovators back to the country. Friday’s announcement could mark a turning point for the industry, reinforcing U.S. leadership in digital assets around the world.