PANews reported on March 7 that according to Cointelegraph, senior White House officials confirmed that Trump’s cryptocurrency summit on March 7 (US time) will not involve tax issues, but will focus on revoking the restrictive policies of the former Biden administration and listening to industry feedback on regulation.
Officials said Trump has pledged to set up a crypto commission and promised during his campaign to end "Operation Chokepoint 2.0," the previous administration's "de-banking" strategy against crypto companies.
Additionally, Bitcoin (BTC) will receive special treatment on the U.S. government’s balance sheet, in line with Trump’s March 6 executive order that establishes a strategic Bitcoin reserve to ensure the government’s long-term holdings of BTC and allows the Treasury and Commerce departments to find ways to increase their holdings without increasing the burden on taxpayers.
In contrast, other government-held crypto assets (such as ETH, SOL, XRP, ADA) will be included in the "Digital Asset Reserve" with the goal of managing these assets responsibly.
