Possible Proposals at the Upcoming White House Crypto Meeting

Donald Trump is preparing to host his first-ever cryptocurrency summit at the White House on March 7, an event that has already caused a stir in the crypto market.

Investors are eager to see key announcements, hoping that the summit will address important developments in the crypto sector. Some major updates, such as the launch of a reserve involving XRP, SOL, and ADA, have already been reported. Here are three key things Trump may reveal at the summit:

Clear direction on cryptocurrency regulation

The summit will bring together key figures in the cryptocurrency industry, which could potentially lead to clearer policies and regulations for the sector. Fox Business journalist Eleanor Terrett noted that the event could replace the previously proposed “crypto advisory council.” It could also lay the groundwork for defining digital assets and their future uses.

READ MORE:

Peter Schiff Demands Investigation into Trump’s Alleged Role in Crypto Market Manipulation

Zero tax on crypto

A recent post by crypto analyst John Squire suggests that Trump may announce zero taxes on cryptocurrencies during the summit. If true, it could lead to a sharp spike in the price of Bitcoin and positively impact the broader crypto market.

Expansion of the cryptocurrency strategic reserve

Speculation is growing that Trump will announce additional tokens to be added to the US crypto reserve. Trump’s crypto czar, David Sachs, hinted at this with a tweet in which he stated, “There will be more at the summit,” causing excitement about potential new additions to the reserve.

Alexander Zdravkov

Alexander has been working in the crypto industry for three years, during which time he has established himself through his active participation in monitoring market dynamics and technological innovations. His interest in cryptocurrencies and new technologies is not just a professional commitment, but a deep personal passion. He follows the news in the sector daily, analyzes trends, and is excited about every new step in the development of blockchain solutions. His enthusiasm drives him to continuously learn and share knowledge, as he sees the future in digital finance and its role in global transformation.