#WhiteHouseCryptoSummit #WhiteHouseCryptoSummit second report from COINTELEGRAPH:

"The Trump administration plans to 'reverse' Joe Biden's anti-crypto stance and treat Bitcoin as the 'digital Fort Knox for digital gold'.

A senior White House official confirmed that the U.S. President Donald Trump's Cryptocurrency Summit on March 7 will not address taxes, but rather the reversal of the anti-crypto policies adopted by the Biden administration.

"There will be nothing about taxes. You know, the crypto community on the internet is full of rumors. [...] I don't know how some of these things start," said a senior White House official in a virtual preview of the Cryptocurrency Summit, held on March 7 at 14:00 UTC.

Instead, the summit will be a space for industry leaders to provide feedback on regulations, which aligns with President Trump's promise to end Operation Chokepoint 2.0, an initiative from the previous administration which reportedly sought to restrict cryptocurrency companies' access to the banking system.

"The president promised during the campaign to create a crypto council. He wanted to receive advice and feedback from the industry. That is the purpose of the summit," said the official.

The senior White House official confirmed that Bitcoin will receive a "special treatment" on the federal government's balance sheet, which aligns with President Trump's executive order signed on March 6, establishing a BTC reserve."