#WhiteHouseCryptoSummit

👍 Donald Trump:

— "We will make America the global capital of crypto and establish a crypto reserve."

— The BTC reserve will become the digital equivalent of Fort Knox.

— The U.S. government currently holds about 200,000 BTC.

— Non-BTC assets will be stored in a separate vault.

— The Departments of Treasury and Commerce will explore ways to acquire additional BTC reserves.

— "I want stablecoin legislation to be passed before the August recess."

— Operation ChokePoint 2.0 (banking restrictions on the crypto industry) is coming to an end.

— "America will never sell its BTC."

💰 Scott Bessent (U.S. Secretary of the Treasury):

— Developing a regulatory framework for stablecoins will be a top priority.

— The crackdown on the crypto industry will stop.

— The U.S. will strengthen the dominance of the dollar through stablecoins.

🏦 Trump Administration:

— All previous IRS guidelines on crypto taxation will be revoked and revised.