$BTC 💰 What was discussed at the Crypto Summit from the White House

Friends, yesterday the highly anticipated crypto summit took place, and here are the key takeaways that were discussed:

🔤 Trump:

— The United States is already one of the largest holders of BTC, with about 200,000 BTC.

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

— We are concluding Operation «ChokePoint 2.0» (the de-banking of the crypto industry).

— I want stablecoin legislation passed before the August recess. America will never sell its BTC.

— Assets not related to BTC will be stored in a separate vault.

🔎 Scott Bessette (U.S. Treasury):

— We will focus a lot on creating a regulatory framework for stablecoins and end the repression of the crypto industry.

— We will cancel and amend all previous recommendations from the IRS regarding cryptocurrency.

Bitcoin is no longer just «digital gold», but a strategic asset. It will be accumulated and held, with no pressure from potential government sell-offs, and finally, a regulatory framework for stablecoins will emerge.

And this is just what was said openly to the press. What was discussed behind closed doors — we’ll find out or see later.

❕ So, the best thing to do now is to be patient and wait, as such processes take time. But the most important thing is — the ice has broken 🔥