PANews reported on March 7 that more than 20 executives, investors and celebrities in the cryptocurrency field will gather at the White House Cryptocurrency Summit tomorrow to plan the future development direction of the crypto field under Trump's leadership. People familiar with the matter revealed that the event is likely to become a platform for promoting multiple administrative initiatives related to cryptocurrency, and multiple options are currently under consideration. People familiar with the matter said that Trump may announce that the government will stop selling cryptocurrencies confiscated in criminal cases and use them to build national reserves. They also said that Trump may issue an executive order to create a real Bitcoin reserve, which is expected to buy more of the digital currency. One of the people familiar with the matter said that another potential proposal would involve the tax treatment of cryptocurrencies and would most likely require review and approval by Congress. These people familiar with the matter said that these actions are still under discussion and may not be implemented or may change in the end.